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(70 ILCS 210/1)(from Ch. 85, par. 1221)Sec. 1. This Act shall be known and may be cited as the Metropolitan Pier and Exposition Authority Act.(Source: P.A. 86-17.)

70 ILCS 210/2

(70 ILCS 210/2)(from Ch. 85, par. 1222)Sec. 2. When used in this Act: "Authority" means Metropolitan Pier and Exposition Authority."Governmental agency" means the Federal government, State
government, and any unit of local government, and any agency
or instrumentality, corporate or otherwise, thereof."Person" means any individual, firm, partnership, corporation, both
domestic and foreign, company, association or joint stock association; and
includes any trustee, receiver, assignee or personal representative
thereof."Board" means the governing body of the Metropolitan
Pier and Exposition Authority or the Trustee. "Board" does include the interim board. "Governor" means the Governor of the State of Illinois."Mayor" means the Mayor of the City of Chicago."Metropolitan area" means all that territory in the State of Illinois
lying within the corporate boundaries of the County of
Cook."Navy Pier" means the real property, structures, facilities and
improvements located in the City of Chicago commonly known as Navy Pier, as
well as property adjacent or appurtenant thereto which may be necessary or
convenient for carrying out the purposes of the Authority at that location."Park District President" means the President of the Board of
Commissioners of the Chicago Park District."Project" means the expansion of existing fair and exposition grounds and
facilities of the Authority by additions to the present facilities, by
acquisition of the land described below and by the addition of a structure
having a floor area of approximately 1,100,000 square feet, or any part
thereof, and such other improvements to be located on land to be acquired,
including but not limited to all or a portion of Site A, by connecting
walkways or passageways between the present facilities and additional
structures, and by acquisition and improvement of Navy Pier."Expansion Project" means the further expansion of the grounds,
buildings, and facilities of the Authority for its corporate
purposes, including, but not limited to, the acquisition of land and
interests in land, the relocation of persons and businesses located on land
acquired by the Authority, and the construction, equipping, and operation
of new exhibition and convention space, meeting rooms, support facilities,
and facilities providing retail uses, commercial uses, and goods and
services for the persons attending conventions, meetings, exhibits, and
events at the grounds, buildings, and facilities of the Authority.
"Expansion Project" also includes improvements to land, highways, mass
transit facilities, and infrastructure, whether or not located on land owned
by the Authority,
that in the determination of the Authority are appropriate on account of
the improvement of the Authority's grounds, buildings, and
facilities.
"Expansion Project" also includes the renovation and improvement of
the existing grounds, buildings, and facilities of the Authority, including Navy Pier."State" means the State of Illinois."Trustee" means the person serving as Trustee of the Authority in accordance with the provisions of this amendatory Act of the 96th General Assembly. "Site A" means the tract of land comprised of a part of the Illinois
Central Railroad Company right-of-way (now known as the "Illinois Central
Gulf Railroad") and a part of the submerged lands reclaimed by said
Railroad as described in the 1919 Lake Front Ordinance, in the Southeast
Fractional Quarter of Section 22, the Southwest Fractional Quarter of
Section 22 and the Northeast Fractional Quarter of Section 27, Township 39
North, Range 14 East of the Third Principal Meridian, said tract of land
being described as follows:PARCEL A - NORTH AIR RIGHTS PARCELAll of the real property and space, at and above a

horizontal plane at an elevation of 33.51 feet above Chicago City Datum, the horizontal limits of which are the planes formed by projecting vertically upward and downward from the surface of the Earth the boundaries of the following described parcel of land:

Beginning on the westerly line of said Illinois Central

Railroad Company right-of-way at the intersection of the northerly line of the 23rd Street viaduct, being a line 60 feet (measured perpendicularly) northerly of and parallel with the centerline of the existing structure, and running thence northwardly along said westerly right-of-way line, a distance of 1500.00 feet; thence eastwardly along a line perpendicular to said westerly right-of-way line, a distance of 418.419 feet; thence southwardly along an arc of a circle, convex to the East, with a radius of 915.13 feet, a distance of 207.694 feet to a point which is 364.092 feet (measured perpendicularly) easterly from said westerly right-of-way line and 1300.00 feet (measured perpendicularly) northerly of said northerly line of the 23rd Street viaduct; thence continuing along an arc of a circle, convex to the East, with a radius of 2008.70 feet, a distance of 154.214 feet to a point which is 301.631 feet (measured perpendicularly) easterly from said westerly right-of-way line and 1159.039 feet (measured perpendicularly) northerly of said northerly line of the 23rd Street viaduct; thence southwardly along a straight line a distance of 184.018 feet to a point which is 220.680 feet (measured perpendicularly) easterly from said westerly right-of-way line and 993.782 feet (measured perpendicularly) northerly of said northerly line of the 23rd Street viaduct; thence southwardly along a straight line, a distance of 66.874 feet to a point which is 220.719 feet (measured perpendicularly) easterly from said westerly right-of-way line and 926.908 feet (measured perpendicularly) northerly from the northerly line of the 23rd Street viaduct; thence southwardly along a straight line, a distance of 64.946 feet to a point which is 199.589 feet (measured perpendicularly) easterly from said westerly right-of-way line and 865.496 feet (measured perpendicularly) northerly from said northerly line of the 23rd Street viaduct; thence southwardly along a straight line, a distance of 865.496 feet to a point on said northerly line of the 23rd Street viaduct; which point is 200.088 feet easterly from said westerly right-of-way line, and thence westwardly along the northerly line of said 23rd Street viaduct, said distance of 200.088 feet to the point of beginning.

There is reserved from the above described parcel of land

a corridor for railroad freight and passenger operations, said corridor is to be limited in width to a distance of 10 feet normally distant to the left and to the right of the centerline of Grantor's Northbound Freight Track, and 10 feet normally distant to the left and to the right of the centerline of Grantor's Southbound Freight Track, the uppermost limits, or roof, of the railroad freight and passenger corridor shall be established at an elevation of 18 feet above the existing Top of Rail of the aforesaid Northbound and Southbound freight trackage.

PARCEL B - 23RD ST. AIR RIGHTS PARCELAll of the real property and space, at and above a

horizontal plane which is common with the bottom of the bottom flange of the E. 23rd Street viaduct as it spans Grantor's operating commuter, freight and passenger trackage, the horizontal limits of which are the planes formed by projecting vertically upward and downward from the surface of the Earth the boundaries of the following described parcel of land:

Beginning on the westerly line of said Illinois Central

Railroad Company right-of-way at the intersection of the northerly line of the 23rd Street viaduct, being a line 60 feet (measured perpendicularly) northerly of and parallel with the centerline of the existing structure, and running thence eastwardly along said northerly line of the 23rd Street viaduct, a distance of 200.088 feet; thence southwardly along a straight line, a distance of 120.00 feet to a point on the southerly line of said 23rd Street viaduct (being the southerly line of the easement granted to the South Park Commissioners dated September 25, 1922 as document No. 7803194), which point is 199.773 feet easterly of said westerly right-of-way line; thence westwardly along said southerly line of the 23rd Street viaduct, said distance of 199.773 feet to the westerly right-of-way line and thence northwardly along said westerly right-of-way line, a distance of 120.00 feet to the point of beginning.

PARCEL C - SOUTH AIR RIGHTS PARCELAll of the real property and space, at and above a

horizontal plane at an elevation of 34.51 feet above Chicago City Datum, the horizontal limits of which are the planes formed by projecting vertically upward and downward from the surface of the Earth the boundaries of the following described parcel of land:

Beginning on the westerly line of said Illinois Central

Railroad Company right-of-way at the intersection of the southerly line of the 23rd Street viaduct, being the southerly line of the easement granted to the South Park Commissioners dated September 25, 1922 as document No. 7803194) and running thence eastwardly along said South line of the 23rd Street viaduct, a distance of 199.773 feet; thence southerly along a straight line, a distance of 169.071 feet to a point which is 199.328 feet (measured perpendicularly) easterly from said westerly right-of-way line thence southerly along a straight line, whose southerly terminus is a point which is 194.66 feet (measured perpendicularly) easterly from said westerly right-of-way line and 920.105 feet (measured a distance of 493.34 feet; thence westwardly along a straight line, perpendicular to said westerly right-of-way line, a distance of 196.263 feet to said westerly right-of-way line and thence northwardly along the westerly right-of-way, a distance of 662.40 feet to the point of beginning.

Parcels A, B and C herein above described containing

525,228 square feet (12.0576 acres) of land, more or less.

AND,

SOUTH FEE PARCEL - SOUTH OF NORTH LINE OF I-55A tract of land comprised of a part of the Illinois

Central Railroad Company right-of-way (now known as the "Illinois Central Gulf Railroad") and a part of the submerged lands reclaimed by said Railroads as described in the 1919 Lake Front Ordinance, in the Northeast Fractional Quarter and the Southeast Fractional Quarter of Section 27, Township 39 North, Range 14 East of the Third Principal Meridian, said tract of land being described as follows:

Beginning at a point on the North line of the 31st Street

viaduct, being a line 50.00 feet (measured perpendicularly) northerly of and parallel with the South line of said Southeast Fractional Quarter of Section 27, which point is 163.518 feet (measured along the northerly line of said viaduct) easterly of the westerly line of said Illinois Central Railroad Company, and running thence northwardly along a straight line, a distance of 1903.228 feet, to a point which is 156.586 feet easterly, and 1850.555 feet northerly of the intersection of said westerly right-of-way line with the northerly line of said 31st Street viaduct, as measured along said westerly line and a line perpendicular thereto; thence northwardly along a straight line, a distance of 222.296 feet, to a point which is 148.535 feet easterly, and 2078.705 feet northerly of the intersection of said westerly right-of-way line with the northerly line of said 31st Street viaduct, as measured along said westerly line and a line perpendicular thereto; thence northwardly along a straight line, a distance of 488.798 feet, to a point which is 126.789 feet easterly, and 2567.019 feet northerly of the intersection of said westerly right-of-way line with the northerly line of said 31st Street viaduct, as measured along said westerly line and a line perpendicular thereto; thence northwardly along a straight line, a distance of 458.564 feet, to a point which is 126.266 feet easterly and 3025.583 feet northerly of the intersection of said westerly right-of-way line with the northerly line of said 31st Street viaduct, as measured along said westerly line and a line perpendicular thereto; thence northwardly along a straight line, a distance of 362.655 feet, to a point which is 143.70 feet easterly, and 3387.819 feet northerly of the intersection of said westerly right-of-way line with the northerly line of said 31st street viaduct, as measured along said westerly line and a line perpendicular thereto; thence northwardly along a straight line, whose northerly terminus is a point which is 194.66 feet (measured perpendicularly) easterly from said westerly right-of-way line and 920.105 feet (measured perpendicularly) South from the southerly line of the 23rd Street viaduct (being the southerly line of the easement granted to the South Park Commissioners dated September 25, 1922 as document No. 7803194) a distance of 335.874 feet to an intersection with a northerly line of the easement for the overhead structure of the Southwest Expressway System (as described in Judgement Order No. 67 L 13579 in the Circuit Court of Cook County), said northerly line extending from a point on said westerly right-of-way line, 142.47 feet (measured perpendicularly) North of the intersection of said line with the easterly extension of the North line of East 25th Street (as shown in Walker Bros. Addition to Chicago, a subdivision in the Northeast Fractional Quarter of Section 27 aforesaid) to a point which is 215.07 feet (measured perpendicularly) North of said easterly extension of the North line of E. 25th Street and 396.19 feet (measured perpendicularly) westerly of the westerly line of Burnham Park (as said westerly line is described by the City of Chicago by ordinance passed July 21, 1919 and recorded on March 5, 1920 in the Office of the Recorder of Deeds of Cook County, Illinois as document No. 6753370); thence northeastwardly along the northerly line of the easement aforesaid, a distance of 36.733 feet to said point which is 215.07 feet (measured perpendicularly) North of said easterly extension of the North line of E. 25th Street and 396.19 feet (measured perpendicularly) westerly of said westerly line of Burnham Park; thence northeastwardly continuing along said easement line, being a straight line, a distance of 206.321 feet to a point which is 352.76 feet (measured perpendicularly) North of said easterly extension of the North line of E. 25th Street and 211.49 feet (measured perpendicularly) westerly of said westerly line of Burnham Park; thence northeastwardly continuing along said easement line, being a straight line, a distance of 206.308 feet to a point which is 537.36 feet (measured perpendicularly) North of said easterly extension of the North line of E. 25th Street and 73.66 feet (measured perpendicularly) westerly of said westerly line of Burnham Park; thence northeastwardly continuing along said easement line, being a straight line, a distance of 219.688 feet to a point on said westerly line of Burnham Park, which point is 756.46 feet (measured perpendicularly) North of said easterly extension of the North line of E. 25th Street; thence southwardly along said westerly line of Burnham Park, being here a straight line whose southerly terminus is that point which is 308.0 feet (measured along said line) South of the intersection of said line with the North line of 29th Street, extended East, a distance of 3185.099 feet to a point which is 89.16 feet North of aforesaid southerly terminus; thence southwestwardly along an arc of a circle, convex to the Southeast, tangent to last described line and having a radius of 635.34 feet, a distance of 177.175 feet to a point on that westerly line of Burnham Park which extends southerly from aforesaid point 308.0 feet South of the North line of 29th Street, extended East, to a point on the North line of East 31st Street extended East, which is 250.00 feet (measured perpendicularly) easterly of said westerly right-of-way line; thence southwardly along said last described westerly line of Burnham Park, a distance of 857.397 feet to a point which is 86.31 feet (measured along said line) northerly of aforesaid point on the North line of East 31st Street extended East; thence southeastwardly along the arc of a circle, convex to the West, tangent to last described line and having a radius of 573.69 feet, a distance of 69.426 feet to a point on the north line of the aforementioned 31st Street viaduct, and thence West along said North line, a distance of 106.584 feet to the point of beginning, in Cook County, Illinois.

Containing 1,527,996 square feet (35.0780 acres) of land,

more or less.

AND

NORTH FEE PARCEL-NORTH OF NORTH LINE OF I-55A tract of land comprised of a part of the Illinois

Central Railroad Company right-of-way (now known as the "Illinois Central Gulf Railroad") and a part of the submerged lands reclaimed by said Railroad as described in the 1919 Lake Front Ordinance, in the Northwest Fractional Quarter of Section 22, the Southwest Fractional Quarter of Section 22, the Southeast Fractional Quarter of Section 22 and the Northwest Fractional Quarter of Section 27, Township 39 North, Range 14 East of the Third Principal Meridian, said tract of land being described as follows:

PARCEL A-NORTH OF 23RD STREETBeginning on the easterly line of said Illinois Central

Railroad Company right-of-way (being also the westerly line of Burnham Park as said westerly line is described in the 1919 Lake Front Ordinance), at the intersection of the northerly line of the 23rd Street viaduct, being a line 60.00 feet (measured perpendicularly) northerly of and parallel with the centerline of the existing structure, and running thence northwardly along said easterly right-of-way line, a distance of 2270.472 feet to an intersection with the North line of E. 18th Street, extended East, a point 708.495 feet (as measured along said North line of E. 18th Street, extended East) East from the westerly right-of-way line of said railroad; thence continuing northwardly along said easterly right-of-way line, on a straight line which forms an angle to the left of 00 degrees 51 minutes 27 seconds with last described course, a distance of 919.963 feet; thence westwardly along a straight line which forms an angle of 73 degrees 40 minutes 14 seconds from North to West with last described line, a distance of 86.641 feet; thence southwardly along the arc of a circle, convex to the East with a radius of 2448.29 feet, a distance of 86.233 feet to a point which is 100.767 feet westerly and 859.910 feet northerly of the intersection of said easterly right-of-way line with the North line of E. 18th Street, extended East, as measured along said easterly line and a line perpendicular thereto; thence southwardly along a straight line, tangent to last described arc of a circle, a distance of 436.277 feet to a point which is 197.423 feet westerly and 434.475 feet northerly of the intersection of said easterly right-of-way line with the North line of E. 18th Street, extended East, as measured along said easterly line and a line perpendicular thereto; thence southeastwardly along the arc of a circle, convex to the West, tangent to last described straight line and having a radius of 1343.75 feet, a distance of 278.822 feet to a point which is 230.646 feet westerly and 158.143 feet northerly of the intersection of said easterly right-of-way line with the North line of E. 18th Street, extended East, as measured along said easterly line and a line perpendicular thereto; thence southwardly along a straight line, tangent to last described arc of a circle, a distance of 722.975 feet to a point which is 434.030 feet (measured perpendicularly) easterly from the westerly line of said Illinois Central Railroad right-of-way and 1700.466 feet (measured perpendicular) northerly of the aforementioned northerly line of the 23rd Street viaduct; thence southwardly along the arc of a circle, convex to the East, tangent to last described straight line, with a radius of 2008.70 feet, a distance of 160.333 feet to a point which is 424.314 feet (reassured perpendicularly) easterly from said westerly right-of-way line and 1546.469 feet (measured perpendicularly) northerly of said North line of the 23rd Street viaduct; thence southwardly along an arc of a circle, convex to the East with a radius of 915.13 feet, a distance of 254.54 feet to a point which is 364.092 feet (measured perpendicularly) easterly from said westerly right-of-way line and 1300.00 feet (measured perpendicularly) northerly of said northerly line of the 23rd Street viaduct; thence continuing along an arc of a circle, convex to the East, with a radius of 2008.70 feet, a distance of 154.214 feet to a point which is 301.631 feet (measured perpendicularly) easterly from said westerly right-of-way line and 1159.039 feet (measured perpendicularly) northerly of said northerly line of the 23rd Street viaduct; thence southwardly along a straight line, a distance of 184.018 feet to a point which is 220.680 feet (measured perpendicularly) easterly from said westerly right-of-way line and 993.782 feet (measured perpendicularly) northerly from said northerly line of the 23rd Street viaduct; thence southwardly along a straight line, a distance of 66.874 feet to a point which is 220.719 feet (measured perpendicularly) easterly from said westerly right-of-way line and 926.908 feet (measured perpendicularly) northerly from the northerly line of the 23rd Street viaduct; thence southwardly along a straight line, a distance of 64.946 feet to a point which is 199.589 feet (measured perpendicularly) easterly from said westerly right-of-way line and 865.496 feet (measured perpendicularly) northerly from said northerly line of the 23rd Street viaduct; thence southwardly along a straight line, a distance of 865.496 feet to a point on said northerly line of the 23rd Street viaduct, which is 200.088 feet easterly from said westerly right-of-way line; and thence eastwardly along the northerly line of said 23rd Street viaduct, a distance of 433.847 feet to the point of beginning.

PARCEL B - WEST 23RD STREETBeginning on the easterly line of said Illinois Central

Railroad Company right-of-way (being also the westerly line of Burnham Park, as said westerly line is described in the 1919 Lake Front Ordinance), at the intersection of the northerly line of the 23rd Street viaduct, being a line 60.00 feet (measured perpendicularly) northerly of and parallel with the centerline of the existing structure; and running thence westwardly along the northerly line of said 23rd Street viaduct, a distance of 433.847 feet, to a point 200.088 feet easterly from the westerly line of said Illinois Central Railroad right-of-way; thence southwardly along a straight line, a distance of 120.00 feet to a point on the southerly line of said 23rd Street viaduct (being the southerly line of the easement granted to the South Park Commissioners dated September 25, 1922 as document No. 7803194), which point is 199.773 feet easterly of said westerly right-of-way line; thence eastwardly along said southerly line of the 23rd Street viaduct, a distance of 431.789 feet to said easterly right-of-way line; and thence northwardly along said easterly right-of-way line a distance of 120.024 feet to the point of beginning, excepting therefrom that part of the land, property and space conveyed to Amalgamated Trust and Savings Bank by deed recorded September 21, 1970 as document No. 21270060, in Cook County, Illinois.

PARCEL C - SOUTH OF 23RD STREET AND NORTH OF NORTH LINE OF I-55Beginning on the easterly line of said Illinois Central

Railroad Company right-of-way at the intersection of the southerly line of the 23rd Street viaduct (being the southerly line of the easement granted to the South Park Commissioners dated September 25, 1922 as document No. 7803194); and running thence westwardly along said southerly line of the 23rd Street viaduct, a distance of 431.789 feet, to a point 199.773 feet easterly from the westerly line of said Illinois Central Railroad right-of-way; thence southwardly along a straight line, a distance of 169.071 feet to a point which is 199.328 feet (measured perpendicularly) easterly from said westerly right-of-way line; thence southwardly along a straight line, a distance of 751.05 feet to a point which is 194.66 feet (measured perpendicularly) easterly from said westerly right-of-way line and 920.105 feet (measured perpendicularly) southerly from said southerly line of the 23rd Street viaduct; thence southwardly along a straight line whose southerly terminus is a point which is 143.70 feet easterly from said westerly right-of-way line and 3387.819 feet northerly of the intersection of said westerly right-of-way line with the northerly line of the 31st Street viaduct, (being a line 50.00 feet, measured perpendicularly, northerly of and parallel with the South line of the Southeast Fractional Quarter of said Section 27), as measured along said westerly line and a line perpendicular thereto, a distance of 179.851 feet to an intersection with a northerly line of the easement for the overhead bridge structure of the Southwest Expressway System (as described in Judgment Order No. 67 L 13579 in the Circuit Court of Cook County), said northerly line extending from a point of said westerly right-of-way line, which is 142.47 feet (measured perpendicularly) North of the easterly extension of the North line of E. 25th Street (as shown in Walker Bros. Addition to Chicago, a subdivision in the Northeast Fractional Quarter of Section 27 aforesaid) to a point which is 215.07 feet (measured perpendicularly) North of said easterly extension of the North line of E. 25th Street and 396.19 feet (measured perpendicularly) westerly of the easterly line of said Illinois central Railroad right-of-way (being also the westerly line of Burnham Park, as said westerly line is described by the City of Chicago by ordinance passed July 21, 1919 and recorded on March 5, 1920 in the Office of the Recorder of Deeds of Cook County, Illinois, as document No. 6753370); thence northeastwardly along the northerly line of the easement aforesaid, a distance of 36.733 feet to a said point which is 215.07 feet (measured perpendicularly) North of said easterly extension of the North line of E. 25th Street and 396.19 feet (measured perpendicularly) westerly of said easterly right-of-way line; thence northeastwardly continuing along said easement line, being a straight line, a distance of 206.321 feet to a point which is 352.76 feet (measured perpendicularly) North of said easterly extension of the North line of E. 25th Street and 211.49 feet (measured perpendicularly) westerly of said easterly right-of-way line; thence northeastwardly continuing along said easement line, being a straight line, a distance of 206.308 feet to a point which is 537.36 feet (measured perpendicularly) North of said easterly extension of the North line of E. 25th Street and 73.66 feet (measured perpendicularly) westerly of said easterly right-of-way line; thence northeastwardly continuing along said easement line, being a straight line, a distance of 219.688 feet to a point on said easterly right-of-way line, which point is 756.46 feet (measured perpendicularly) North of said easterly extension of the North line of E. 25th Street; and thence northwardly along said easterly right-of-way line, a distance of 652.596 feet, to the point of beginning. Excepting therefrom that part of the land, property and space conveyed to Amalgamated Trust Savings Bank, as Trustee, under a trust agreement dated January 12, 1978 and known as Trust No. 3448, in Cook County, Illinois.

PARCEL DAll the space within the boundaries of the following

described perimeter between the horizontal plane of plus 27.00 feet and plus 47.3 feet Chicago City Datum: Commencing at the Northeast corner of Lot 3 in Block 1 in McCormick City Subdivision being a resubdivision of McCormick Inn Subdivision (recorded September 26, 1962 as Document No. 18601678) and a subdivision of adjacent lands recorded January 12, 1971 as Document No. 21369281 in Section 27, Township 39 North, Range 14, East of the Third Principal Meridian, thence Westerly along the Northerly line of said McCormick Inn Subdivision to a point which is 77 feet East of the Westerly line of McCormick Inn Subdivision (lying at +27.00 feet C.C.D.) for a place of beginning; thence Westerly a distance of 77.00 feet above the horizontal plane +27.00 feet above Chicago City Datum and below +47.3 feet above Chicago City Datum to the Northwest corner of McCormick Inn Subdivision; thence South along the West line of McCormick Inn Subdivision a distance of 36 feet to a point; thence East 23 feet to a point along a line which is perpendicular to the last described line; thence North 12 feet to a point along a line which is perpendicular to the last described line; thence East 54 feet to a point along a line which is perpendicular to the last described line; thence North 24 feet along a line which is perpendicular to the last described line to the place of beginning. (Parcel D has been included in this Act to provide a means for the Authority to acquire an easement or fee title to a part of McCormick Inn to permit the construction of the pedestrian spine to connect the Project with Donnelley Hall.)

Containing 1,419,953 square feet (32.5970 acres) of land,

more or less.

"Site B" means an area of land (including all air rights related
thereto) in the City of Chicago, Cook County, Illinois, within the
following boundaries:Beginning at the intersection of the north line of

East Cermak Road and the center line of South Indiana Avenue; thence east along the north line of East Cermak Road and continuing along said line as said north line of East Cermak Road is extended, to its intersection with the westerly line of the right-of-way of the Illinois Central Gulf Railroad; thence southeasterly along said line to its intersection with the north line of the Twenty-third Street viaduct; thence northeasterly along said line to its intersection with the easterly line of the right-of-way of the Illinois Central Gulf Railroad; thence southeasterly along said line to the point of intersection with the west line of the right-of-way of the Adlai E. Stevenson Expressway; thence southwesterly along said line and then west along the inside curve of the west and north lines of the right-of-way of the Adlai E. Stevenson Expressway, following the curve of said right-of-way, and continuing along the north line of the right-of-way of the Adlai E. Stevenson Expressway to its intersection with the center line of South Indiana Avenue; thence northerly along said line to the point of beginning.

ALSO

Beginning at the intersection of the center line of

East Cermak Road at its intersection with the center line of South Indiana Avenue; thence northerly along the center line of South Indiana Avenue to its intersection with the center line of East Twenty-first Street; thence easterly along said line to its intersection with the center line of South Prairie Avenue; thence south along said line to its intersection with the center line of East Cermak Road; thence westerly along said line to the point of beginning.

(Source: P.A. 96-898, eff. 5-27-10.)

70 ILCS 210/3

(70 ILCS 210/3)(from Ch. 85, par. 1223)Sec. 3. There is hereby created a political subdivision, unit of local
government with only those powers authorized by law, body politic and
municipal corporation by the name and style of Metropolitan Pier and
Exposition Authority in the metropolitan area.The Authority may sue and be sued in its corporate name but execution
shall not in any case issue against any real property of the Authority.
It may adopt a common seal and change the same at pleasure. The principal
office of the Authority shall be in the City of Chicago.(Source: P.A. 86-17; 87-733.)

70 ILCS 210/4

(70 ILCS 210/4)(from Ch. 85, par. 1224)Sec. 4. It shall be the duty of the Authority: (a) To promote, operate, and maintain fairs, expositions, meetings, and
conventions from time to time in the metropolitan area, to arrange,
finance, operate, maintain and otherwise provide for industrial,
commercial, cultural, educational, trade, and scientific exhibits and
events, and to construct, equip, and maintain grounds, buildings, and
facilities for those purposes. In addition to the rights and powers
specified in Section 5, the Authority is granted all rights and powers
necessary to perform such duties.(b) To carry out or otherwise provide for the recreational, cultural,
commercial, or residential development of Navy Pier and to construct,
equip, and maintain grounds, buildings, and facilities for those purposes.(Source: P.A. 86-17; 87-733.)

70 ILCS 210/5

(70 ILCS 210/5)(from Ch. 85, par. 1225)Sec. 5. The Metropolitan Pier and Exposition Authority shall also have the
following rights and powers:(a) To accept from Chicago Park Fair, a corporation,

an assignment of whatever sums of money it may have received from the Fair and Exposition Fund, allocated by the Department of Agriculture of the State of Illinois, and Chicago Park Fair is hereby authorized to assign, set over and transfer any of those funds to the Metropolitan Pier and Exposition Authority. The Authority has the right and power hereafter to receive sums as may be distributed to it by the Department of Agriculture of the State of Illinois from the Fair and Exposition Fund pursuant to the provisions of Sections 5, 6i, and 28 of the State Finance Act. All sums received by the Authority shall be held in the sole custody of the secretary-treasurer of the Metropolitan Pier and Exposition Board.

(b) To accept the assignment of, assume and execute

any contracts heretofore entered into by Chicago Park Fair.

(c) To acquire, own, construct, equip, lease, operate

and maintain grounds, buildings and facilities to carry out its corporate purposes and duties, and to carry out or otherwise provide for the recreational, cultural, commercial or residential development of Navy Pier, and to fix and collect just, reasonable and nondiscriminatory charges for the use thereof. The charges so collected shall be made available to defray the reasonable expenses of the Authority and to pay the principal of and the interest upon any revenue bonds issued by the Authority. The Authority shall be subject to and comply with the Lake Michigan and Chicago Lakefront Protection Ordinance, the Chicago Building Code, the Chicago Zoning Ordinance, and all ordinances and regulations of the City of Chicago contained in the following Titles of the Municipal Code of Chicago: Businesses, Occupations and Consumer Protection; Health and Safety; Fire Prevention; Public Peace, Morals and Welfare; Utilities and Environmental Protection; Streets, Public Ways, Parks, Airports and Harbors; Electrical Equipment and Installation; Housing and Economic Development (only Chapter 5-4 thereof); and Revenue and Finance (only so far as such Title pertains to the Authority's duty to collect taxes on behalf of the City of Chicago).

(d) To enter into contracts treating in any manner

with the objects and purposes of this Act.

(e) To lease any buildings to the Adjutant General of

the State of Illinois for the use of the Illinois National Guard or the Illinois Naval Militia.

(f) To exercise the right of eminent domain by

condemnation proceedings in the manner provided by the Eminent Domain Act, including, with respect to Site B only, the authority to exercise quick take condemnation by immediate vesting of title under Article 20 of the Eminent Domain Act, to acquire any privately owned real or personal property and, with respect to Site B only, public property used for rail transportation purposes (but no such taking of such public property shall, in the reasonable judgment of the owner, interfere with such rail transportation) for the lawful purposes of the Authority in Site A, at Navy Pier, and at Site B. Just compensation for property taken or acquired under this paragraph shall be paid in money or, notwithstanding any other provision of this Act and with the agreement of the owner of the property to be taken or acquired, the Authority may convey substitute property or interests in property or enter into agreements with the property owner, including leases, licenses, or concessions, with respect to any property owned by the Authority, or may provide for other lawful forms of just compensation to the owner. Any property acquired in condemnation proceedings shall be used only as provided in this Act. Except as otherwise provided by law, the City of Chicago shall have a right of first refusal prior to any sale of any such property by the Authority to a third party other than substitute property. The Authority shall develop and implement a relocation plan for businesses displaced as a result of the Authority's acquisition of property. The relocation plan shall be substantially similar to provisions of the Uniform Relocation Assistance and Real Property Acquisition Act and regulations promulgated under that Act relating to assistance to displaced businesses. To implement the relocation plan the Authority may acquire property by purchase or gift or may exercise the powers authorized in this subsection (f), except the immediate vesting of title under Article 20 of the Eminent Domain Act, to acquire substitute private property within one mile of Site B for the benefit of displaced businesses located on property being acquired by the Authority. However, no such substitute property may be acquired by the Authority unless the mayor of the municipality in which the property is located certifies in writing that the acquisition is consistent with the municipality's land use and economic development policies and goals. The acquisition of substitute property is declared to be for public use. In exercising the powers authorized in this subsection (f), the Authority shall use its best efforts to relocate businesses within the area of McCormick Place or, failing that, within the City of Chicago.

(g) To enter into contracts relating to construction

projects which provide for the delivery by the contractor of a completed project, structure, improvement, or specific portion thereof, for a fixed maximum price, which contract may provide that the delivery of the project, structure, improvement, or specific portion thereof, for the fixed maximum price is insured or guaranteed by a third party capable of completing the construction.

(h) To enter into agreements with any person with

respect to the use and occupancy of the grounds, buildings, and facilities of the Authority, including concession, license, and lease agreements on terms and conditions as the Authority determines. Notwithstanding Section 24, agreements with respect to the use and occupancy of the grounds, buildings, and facilities of the Authority for a term of more than one year shall be entered into in accordance with the procurement process provided for in Section 25.1.

(i) To enter into agreements with any person with

respect to the operation and management of the grounds, buildings, and facilities of the Authority or the provision of goods and services on terms and conditions as the Authority determines.

(j) After conducting the procurement process provided

for in Section 25.1, to enter into one or more contracts to provide for the design and construction of all or part of the Authority's Expansion Project grounds, buildings, and facilities. Any contract for design and construction of the Expansion Project shall be in the form authorized by subsection (g), shall be for a fixed maximum price not in excess of the funds that are authorized to be made available for those purposes during the term of the contract, and shall be entered into before commencement of construction.

(k) To enter into agreements, including project

agreements with labor unions, that the Authority deems necessary to complete the Expansion Project or any other construction or improvement project in the most timely and efficient manner and without strikes, picketing, or other actions that might cause disruption or delay and thereby add to the cost of the project.

(l) To provide incentives to organizations and

entities that agree to make use of the grounds, buildings, and facilities of the Authority for conventions, meetings, or trade shows. The incentives may take the form of discounts from regular fees charged by the Authority, subsidies for or assumption of the costs incurred with respect to the convention, meeting, or trade show, or other inducements. The Authority shall award incentives to attract large conventions, meetings, and trade shows to its facilities under the terms set forth in this subsection (l) from amounts appropriated to the Authority from the Metropolitan Pier and Exposition Authority Incentive Fund for this purpose.

No later than May 15 of each year, the Chief

Executive Officer of the Metropolitan Pier and Exposition Authority shall certify to the State Comptroller and the State Treasurer the amounts of incentive grant funds used during the current fiscal year to provide incentives for conventions, meetings, or trade shows that (i) have been approved by the Authority, in consultation with an organization meeting the qualifications set out in Section 5.6 of this Act, provided the Authority has entered into a marketing agreement with such an organization, (ii) demonstrate registered attendance in excess of 5,000 individuals or in excess of 10,000 individuals, as appropriate, and (iii) but for the incentive, would not have used the facilities of the Authority for the convention, meeting, or trade show. The State Comptroller may request that the Auditor General conduct an audit of the accuracy of the certification. If the State Comptroller determines by this process of certification that incentive funds, in whole or in part, were disbursed by the Authority by means other than in accordance with the standards of this subsection (l), then any amount transferred to the Metropolitan Pier and Exposition Authority Incentive Fund shall be reduced during the next subsequent transfer in direct proportion to that amount determined to be in violation of the terms set forth in this subsection (l).

On July 15, 2012, the Comptroller shall order

transferred, and the Treasurer shall transfer, into the Metropolitan Pier and Exposition Authority Incentive Fund from the General Revenue Fund the sum of $7,500,000 plus an amount equal to the incentive grant funds certified by the Chief Executive Officer as having been lawfully paid under the provisions of this Section in the previous 2 fiscal years that have not otherwise been transferred into the Metropolitan Pier and Exposition Authority Incentive Fund, provided that transfers in excess of $15,000,000 shall not be made in any fiscal year.

On July 15, 2013, the Comptroller shall order

transferred, and the Treasurer shall transfer, into the Metropolitan Pier and Exposition Authority Incentive Fund from the General Revenue Fund the sum of $7,500,000 plus an amount equal to the incentive grant funds certified by the Chief Executive Officer as having been lawfully paid under the provisions of this Section in the previous fiscal year that have not otherwise been transferred into the Metropolitan Pier and Exposition Authority Incentive Fund, provided that transfers in excess of $15,000,000 shall not be made in any fiscal year.

On July 15, 2014, and every year thereafter, the

Comptroller shall order transferred, and the Treasurer shall transfer, into the Metropolitan Pier and Exposition Authority Incentive Fund from the General Revenue Fund an amount equal to the incentive grant funds certified by the Chief Executive Officer as having been lawfully paid under the provisions of this Section in the previous fiscal year that have not otherwise been transferred into the Metropolitan Pier and Exposition Authority Incentive Fund, provided that transfers in excess of $15,000,000 shall not be made in any fiscal year.

After a transfer has been made under this subsection

(l), the Chief Executive Officer shall file a request for payment with the Comptroller evidencing that the incentive grants have been made and the Comptroller shall thereafter order paid, and the Treasurer shall pay, the requested amounts to the Metropolitan Pier and Exposition Authority.

In no case shall more than $5,000,000 be used in

any one year by the Authority for incentives granted conventions, meetings, or trade shows with a registered attendance of more than 5,000 and less than 10,000. Amounts in the Metropolitan Pier and Exposition Authority Incentive Fund shall only be used by the Authority for incentives paid to attract large conventions, meetings, and trade shows to its facilities as provided in this subsection (l).

(l-5) The Village of Rosemont shall provide

incentives from amounts transferred into the Convention Center Support Fund to retain and attract conventions, meetings, or trade shows to the Donald E. Stephens Convention Center under the terms set forth in this subsection (l-5).

No later than May 15 of each year, the Mayor of the

Village of Rosemont or his or her designee shall certify to the State Comptroller and the State Treasurer the amounts of incentive grant funds used during the previous fiscal year to provide incentives for conventions, meetings, or trade shows that (1) have been approved by the Village, (2) demonstrate registered attendance in excess of 5,000 individuals, and (3) but for the incentive, would not have used the Donald E. Stephens Convention Center facilities for the convention, meeting, or trade show. The State Comptroller may request that the Auditor General conduct an audit of the accuracy of the certification.

If the State Comptroller determines by this process

of certification that incentive funds, in whole or in part, were disbursed by the Village by means other than in accordance with the standards of this subsection (l-5), then the amount transferred to the Convention Center Support Fund shall be reduced during the next subsequent transfer in direct proportion to that amount determined to be in violation of the terms set forth in this subsection (l-5).

On July 15, 2012, and each year thereafter, the

Comptroller shall order transferred, and the Treasurer shall transfer, into the Convention Center Support Fund from the General Revenue Fund the amount of $5,000,000 for (i) incentives to attract large conventions, meetings, and trade shows to the Donald E. Stephens Convention Center, and (ii) to be used by the Village of Rosemont for the repair, maintenance, and improvement of the Donald E. Stephens Convention Center and for debt service on debt instruments issued for those purposes by the village. No later than 30 days after the transfer, the Comptroller shall order paid, and the Treasurer shall pay, to the Village of Rosemont the amounts transferred.

(m) To enter into contracts with any person

conveying the naming rights or other intellectual property rights with respect to the grounds, buildings, and facilities of the Authority.

(n) To enter into grant agreements with the

Chicago Convention and Tourism Bureau providing for the marketing of the convention facilities to large and small conventions, meetings, and trade shows and the promotion of the travel industry in the City of Chicago, provided such agreements meet the requirements of Section 5.6 of this Act. Receipts of the Authority from the increase in the airport departure tax authorized by Section 13(f) of this amendatory Act of the 96th General Assembly and, subject to appropriation to the Authority, funds deposited in the Chicago Travel Industry Promotion Fund pursuant to Section 6 of the Hotel Operators' Occupation Tax Act shall be granted to the Bureau for such purposes.

Nothing in this Act shall be construed to authorize the Authority to spend
the proceeds of any bonds or notes issued under Section 13.2 or any taxes
levied under Section 13 to construct a stadium to be leased to or used by
professional sports teams.(Source: P.A. 97-617, eff. 10-26-11; 98-109, eff. 7-25-13.)

70 ILCS 210/5.1

(70 ILCS 210/5.1)(from Ch. 85, par. 1225.1)Sec. 5.1. Purchases made pursuant to this Act shall be made in
compliance with the "Local Government Prompt Payment Act", approved by the
Eighty-fourth General Assembly.(Source: P.A. 84-731.)

70 ILCS 210/5.2

(70 ILCS 210/5.2)Sec. 5.2. Exemption from taxation. All property of the Authority is
exempt from taxation by the State or taxing units of the State.(Source: P.A. 88-556, eff. 7-27-94.)

70 ILCS 210/5.3

(70 ILCS 210/5.3)Sec. 5.3. Eminent domain. Notwithstanding any other provision of this Act, any power granted under this Act to acquire property by condemnation or eminent domain is subject to, and shall be exercised in accordance with, the Eminent Domain Act.(Source: P.A. 94-1055, eff. 1-1-07.)

70 ILCS 210/5.4

(70 ILCS 210/5.4)Sec. 5.4. Exhibitor rights and work rule reforms.

(a) Legislative findings.(1) The Authority is a political subdivision of the

State of Illinois subject to the plenary authority of the General Assembly and was created for the benefit of the general public to promote business, industry, commerce, and tourism within the City of Chicago and the State of Illinois.

annually generates 65,000 jobs and $8 billion of economic activity for the State of Illinois through the trade shows, conventions, and other meetings held and attended at McCormick Place and Navy Pier.

(4) The Authority supports the operation of

McCormick Place and Navy Pier through not only fees on the rental of exhibit and meeting room space, electrical and utility service, food and beverage services, and parking, but also hotel room rates paid by persons staying at the Authority-owned hotel.

(5) The Authority has a compelling and proprietary

interest in the success, competitiveness, and continued viability of McCormick Place and Navy Pier as the owner and operator of the convention facilities and its obligation to ensure that these facilities produce sufficient operating revenues.

(6) The Authority's convention facilities were

constructed and renovated through the issuance of public bonds that are directly repaid by State hotel, auto rental, food and beverage, and airport and departure taxes paid principally by persons who attend, work at, exhibit, and provide goods and services to conventions, shows, exhibitions, and meetings at McCormick Place and Navy Pier.

(7) State law also dedicates State occupation and

use tax revenues to fulfill debt service obligations on these bonds should State hotel, auto rental, food and beverage, and airport and departure taxes fail to generate sufficient revenue.

(8) Through fiscal year 2010, $55 million in State

occupation and use taxes will have been allocated to make debt service payments on the Authority's bonds due to shortfalls in State hotel, auto rental, food and beverage, and airport and departure taxes. These shortfalls are expected to continue in future fiscal years and would require the annual dedication of approximately $40 million in State occupation and use taxes to fulfill debt service payments.

(9) In 2009, managers of the International Plastics

Showcase announced that 2009 was the last year they would host their exhibition at McCormick Place, as they had since 1971, because union labor work rules and electric and food service costs make it uneconomical for the show managers and exhibitors to use McCormick Place as a convention venue as compared to convention facilities in Orlando, Florida and Las Vegas, Nevada. The exhibition used over 740,000 square feet of exhibit space, attracted over 43,000 attendees, generated $4.8 million of revenues to McCormick Place, and raised over $200,000 in taxes to pay debt service on convention facility bonds.

(10) After the International Plastics Showcase

exhibition announced its departure, other conventions and exhibitions managers and exhibitors also stated that they would not return to McCormick Place and Navy Pier for the same reasons cited by the International Plastics Showcase exhibition. In addition, still other managers and exhibitors stated that they would not select McCormick Place as a convention venue unless the union labor work rules and electrical and food service costs were made competitive with those in Orlando and Las Vegas.

(11) The General Assembly created the Joint

Committee on the Metropolitan Pier and Exposition Authority to conduct hearings and obtain facts to determine how union labor work rules and electrical and food service costs make McCormick Place and Navy Pier uneconomical as a convention venue.

(12) Witness testimony and fact-gathering revealed

that while the skilled labor provided by trade unions at McCormick Place and Navy Pier is second to none and is actually "exported" to work on conventions and exhibitions held in Orlando and Las Vegas, restrictive work rules on the activities show exhibitors may perform present exhibitors and show managers with an uninviting atmosphere and result in significantly higher costs than competing convention facilities.

(13) Witness testimony and fact-gathering also

revealed that the mark-up on electrical and food service imposed by the Authority to generate operating revenue for McCormick Place and Navy Pier also substantially increased exhibitor and show organizer costs to the point of excess when compared to competing convention facilities.

(14) Witness testimony and fact-gathering further

revealed that the additional departure of conventions, exhibitions, and trade shows from Authority facilities threatens the continued economic viability of these facilities and the stability of sufficient tax revenues necessary to support debt service.

(15) In order to safeguard the Authority's and State

of Illinois' shared compelling and proprietary interests in McCormick Place and Navy Pier and in response to local economic needs, the provisions contained in this Section set forth mandated changes and reforms to restore and ensure that (i) the Authority's facilities remain economically competitive with other convention venues and (ii) conventions, exhibitions, trade shows, and other meetings are attracted to and retained at Authority facilities by producing an exhibitor-friendly environment and by reducing costs for exhibitors and show managers.

(16) The provisions set forth in this Section are

reasonable, necessary, and narrowly tailored to safeguard the Authority's and State of Illinois' shared and compelling proprietary interests and respond to local economic needs as compared to the available alternative set forth in House Bill 4900 of the 96th General Assembly and proposals submitted to the Joint Committee on the Metropolitan Pier and Exposition Authority. Action by the State offers the only comprehensive means to remedy the circumstances set forth in these findings, despite the concerted and laudable voluntary efforts of the Authority, labor unions, show contractors, show managers, and exhibitors.

(b) Definitions. As used in this Section:"Booth" means the demarcated exhibit space of an

exhibitor on Authority premises.

"Contractor" or "show contractor" means any person

who contracts with the Authority, an exhibitor, or with the manager of a show to provide any services related to drayage, rigging, carpentry, decorating, electrical, maintenance, mechanical, and food and beverage services or related trades and duties for shows on Authority premises.

"Exhibitor" or "show exhibitor" means any person who

contracts with the Authority or with a manager or contractor of a show held or to be held on Authority premises.

"Exhibitor employee" means any person who has been

employed by the exhibitor as a full-time employee for a minimum of 6 months before the show's opening date.

"Hand tools" means cordless tools, power tools, and

other tools as determined by the Authority.

"Licensee" means any entity that uses the Authority's

premises.

"Manager" or "show manager" means any person that

owns or manages a show held or to be held on Authority premises.

"Personally owned vehicles" means the vehicles owned

by show exhibitors or the show management, excluding commercially registered trucks, vans, and other vehicles as determined by the Authority.

"Premises" means grounds, buildings, and facilities

of the Authority.

"Show" means a convention, exposition, trade show,

event, or meeting held on Authority premises by a show manager or show contractor on behalf of a show manager.

"2011 Settlement Agreement" means the agreement that

the Authority made and entered into with the Chicago Regional Council of Carpenters, not including any revisions or amendments, and filed with the Illinois Secretary of State Index Department and designated as 97-GA-A01.

"Union employees" means workers represented by a

labor organization, as defined in the National Labor Relations Act, providing skilled labor services to exhibitors, a show manager, or a show contractor on Authority premises.

(c) Exhibitor rights.In order to control costs, increase the

competitiveness, and promote and provide for the economic stability of Authority premises, all Authority contracts with exhibitors, contractors, and managers shall include the following minimum terms and conditions:

(1) Consistent with safety and the skills and

training necessary to perform the task, as determined by the Authority, an exhibitor and exhibitor employees are permitted in a booth of any size with the use of the exhibitor's ladders and hand tools to:

(i) set-up and dismantle exhibits displayed on

Authority premises;

(ii) assemble and disassemble materials,

machinery, or equipment on Authority premises; and

(iii) install all signs, graphics, props,

balloons, other decorative items, and the exhibitor's own drapery, including the skirting of exhibitor tables, on the Authority's premises.

(2) An exhibitor and exhibitor employees are

permitted in a booth of any size to deliver, set-up, plug in, interconnect, and operate an exhibitor's electrical equipment, computers, audio-visual devices, and other equipment.

(3) An exhibitor and exhibitor employees are

permitted in a booth of any size to skid, position, and re-skid all exhibitor material, machinery, and equipment on Authority premises.

(4) An exhibitor and exhibitor employees are

prohibited at any time from using scooters, forklifts, pallet jacks, condors, scissors lifts, motorized dollies, or similar motorized or hydraulic equipment on Authority premises.

(5) The Authority shall designate areas, in its

discretion, where exhibitors may unload and load exhibitor materials from privately owned vehicles at Authority premises with the use of non-motorized hand trucks and dollies.

8-hour period during the hours of 6:00 a.m. and 10:00 p.m., a show manager or contractor shall charge an exhibitor only for labor services provided by union employees on Authority premises based on straight-time hourly wages plus fringe benefits along with a reasonable mark-up. After any consecutive 8-hour period, a show manager or contractor shall charge an exhibitor only for labor services provided by union employees based on straight-time and a half hourly wages plus fringe benefits along with a reasonable mark-up; provided, however, that between the hours of midnight and 6:00 a.m. a show manager or contractor shall charge an exhibitor only for labor services provided by union employees based on double straight-time wages plus fringe benefits along with a reasonable mark-up.

(8) (Blank).(9) (Blank).(10) (Blank).(11) (Blank). (12) The Authority has the power to determine, after

consultation with the Advisory Council, the work jurisdiction and scope of work of union employees on Authority premises during the move-in, move-out, and run of a show, provided that any affected labor organization may contest the Authority's determination through a binding decision of an independent, third-party arbitrator. When making the determination, the Authority or arbitrator, as the case may be, shall consider the training and skills required to perform the task, past practices on Authority premises, safety, and the need for efficiency and exhibitor satisfaction. These factors shall be considered in their totality and not in isolation. The Authority's determination must be made in writing, set forth an explanation and statement of the reason or reasons supporting the determination, and be provided to each affected labor organization. The changes in this item (12) by this amendatory Act of the 97th General Assembly are declarative of existing law and shall not be construed as a new enactment. Nothing in this item permits the Authority to eliminate any labor organization representing union employees that provide labor services on the move-in, move-out, and run of the show as of the effective date of this amendatory Act of the 96th General Assembly.

(13) (Blank).(14) An exhibitor or show manager may request by name

specific union employees to provide labor services on Authority premises consistent with all State and federal laws. Union employees requested by an exhibitor shall take priority over union employees requested by a show manager.

(15) A show manager or show contractor on behalf of a

show manager may retain an electrical contractor approved by the Authority or Authority-provisioned electrical services to provide electrical services on the premises. If a show manager or show contractor on behalf of a show manager retains Authority-provisioned electrical services, then the Authority shall offer these services at a rate not to exceed the cost of providing those services.

(16) Crew sizes for any task or operation shall not

exceed 2 persons unless, after consultation with the Advisory Council, the Authority determines otherwise based on the task, skills, and training required to perform the task and on safety.

(17) An exhibitor may bring food and beverages on the

premises of the Authority for personal consumption.

(18) Show managers and contractors shall comply with

any audit performed under subsection (e) of this Section.

(19) A show manager or contractor shall charge an

exhibitor only for labor services provided by union employees on Authority premises on a minimum half-hour basis.

The Authority has the power to implement, enforce, and administer the exhibitor rights set forth in this subsection, including the promulgation of rules. The Authority also has the power to determine violations of this subsection and implement appropriate remedies, including, but not limited to, barring violators from Authority premises. The provisions set forth in this Section are binding and equally applicable to any show conducted at Navy Pier, and this statement of the law is declarative of existing law and shall not be construed as a new enactment. The Authority may waive the applicability of only item (6) of this subsection (c) to the extent necessary and required to comply with paragraph 1 of Section F of the 2011 Settlement Agreement, as set forth on Page 12 of that Agreement.

(d) Advisory Council.(1) An Advisory Council is hereby established to

ensure an active and productive dialogue between all affected stakeholders to ensure exhibitor satisfaction for conventions, exhibitions, trade shows, and meetings held on Authority premises.

(2) The composition of the Council shall be

determined by the Authority consistent with its existing practice for labor-management relations.

(3) The Council shall hold meetings no less than once

every 90 days.

(e) Audit of exhibitor rights.The Authority shall retain the services of a person to complete, at least once per calendar year, a financial statement audit and compliance attestation engagement that may consist of an examination or an agreed-upon procedures engagement that, in the opinion of the licensed public accounting firm selected by the Authority in accordance with the provisions of this Act and with the concurrence of the Authority, is better suited to determine and verify compliance with the exhibitor rights set forth in this Section, and that cost reductions or other efficiencies resulting from the exhibitor rights have been fairly passed along to exhibitors. In the event an agreed-upon procedures engagement is performed, the Authority shall first consult with the Advisory Committee and solicit its suggestions and advice with respect to the specific procedures to be agreed upon in the engagement. Thereafter, the public accounting firm and the Authority shall agree upon the specific procedures to be followed in the engagement. It is intended that the design of the engagement and the procedures to be followed shall allow for flexibility in targeting specific areas for examination and to revise the procedures where appropriate for achieving the purpose of the engagement. The financial statement audit shall be performed in accordance with generally accepted auditing standards. The compliance attestation engagement shall be (i) performed in accordance with attestation standards established by the American Institute of Certified Public Accountants and shall examine the compliance with the requirements set forth in this Section and (ii) conducted by a licensed public accounting firm, selected by the Authority from a list of firms prequalified to do business with the Illinois Auditor General. Upon request, a show contractor or manager shall provide the Authority or person retained to provide attestation services with any information and other documentation reasonably necessary to perform the obligations set forth in this subsection. Upon completion, the report shall be submitted to the Authority and made publicly available on the Authority's website. Within 30 days of the next regularly scheduled meeting of the Advisory Committee following the effective date of this amendatory Act of the 98th General Assembly, the Authority, in conjunction with the Advisory Committee, shall adopt a uniform set of procedures to expeditiously investigate and address exhibitor complaints and concerns. The procedures shall require full disclosure and cooperation among the Authority, show managers, show contractors, exhibitor-appointed contractors, professional service providers, and labor unions.

(f) Exhibitor service reforms. The Authority shall make every effort to substantially reduce exhibitor's costs for participating in shows.(1) Any contract to provide food or beverage

services in the buildings and facilities of the Authority, except Navy Pier, shall be provided at a rate not to exceed the cost established in the contract. The Board shall periodically review all food and beverage contracts.

(2) A department or unit of the Authority shall not

serve as the exclusive provider of electrical services.

(3) Exhibitors shall receive a detailed statement

of all costs associated with utility services, including the cost of labor, equipment, and materials.

(g) Severability. If any provision of this Section or its application to any person or circumstance is held invalid, the invalidity of that provision or application does not affect other provisions or applications of this Section that can be given effect without the invalid provision or application.(Source: P.A. 97-629, eff. 11-30-11; 98-109, eff. 7-25-13.)

70 ILCS 210/5.6

(70 ILCS 210/5.6)Sec. 5.6. Marketing agreement.(a) The Authority shall enter into a marketing agreement with a not-for-profit organization headquartered in Chicago and recognized by the Department of Commerce and Economic Opportunity as a certified local tourism and convention bureau entitled to receive State tourism grant funds, provided the bylaws of the organization establish a board of the organization that is comprised of 35 members serving 3-year staggered terms, including the following:(1) no less than 8 members appointed by the Mayor of

Chicago, to include:

(A) a Chair of the board of the organization

appointed by the Mayor of the City of Chicago from among the business and civic leaders of Chicago who are not engaged in the hospitality business or who have not served as a member of the Board or as chief executive officer of the Authority; and

(B) 7 members from among the cultural, economic

development, or civic leaders of Chicago;

(2) the chairperson of the interim board or Board of

the Authority, or his or her designee;

(3) a representative from the department in the City

of Chicago that is responsible for the operation of Chicago-area airports;

(4) a representative from the department in the City

of Chicago that is responsible for the regulation of Chicago-area livery vehicles;

(5) at least 1, but no more than: (A) 5 members from the hotel industry;(B) 5 members representing Chicago arts and

cultural institutions or projects;

(C) 2 members from the restaurant industry; (D) 2 members employed by or representing an

entity responsible for a trade show;

(E) 2 members representing unions; (F) 2 members from the attractions industry; and(6) the Director of the Illinois Department of

Commerce and Economic Opportunity, ex officio.

The bylaws of the organization may provide for the appointment of a City of Chicago alderman as an ex officio member, and may provide for other ex officio members who shall serve terms of one year. Persons with a real or apparent conflict of interest shall not be appointed to the board. Members of the board of the organization shall not serve more than 2 terms. The bylaws shall require the following: (i) that the Chair of the organization name no less than 5 and no more than 9 members to the Executive Committee of the organization, one of whom must be the chairperson of the interim board or Board of the Authority, and (ii) a provision concerning conflict of interest and a requirement that a member abstain from participating in board action if there is a threat to the independence of judgment created by any conflict of interest or if participation is likely to have a negative effect on public confidence in the integrity of the board.(b) The Authority shall notify the Department of Revenue within 10 days after entering into a contract pursuant to this Section. (Source: P.A. 96-898, eff. 5-27-10; 96-899, eff. 5-28-10; 97-1122, eff. 8-27-12.)

70 ILCS 210/5.7

(70 ILCS 210/5.7)Sec. 5.7. Naming rights.(a) The Authority may grant naming rights to the grounds, buildings, and facilities of the Authority. The Authority shall have all powers necessary to grant the license and enter into any agreements and execute any documents necessary to exercise the authority granted by this Section. "Naming rights" under this Section means the right to associate the name or identifying mark of any person or entity with the name or identity of the grounds, buildings, or facilities of the Authority.(b) The Authority shall give notice that the Authority will accept proposals for the licensing of naming rights with respect to specified properties by publication in the Illinois Procurement Bulletin not less than 30 business days before the day upon which proposals will be accepted. The Authority shall give such other notice as deemed appropriate. Proposals shall not be sealed and shall be part of the public record. The Authority shall conduct open, competitive negotiations with those who have submitted proposals in order to obtain the highest and best competitively negotiated proposals that yield the most advantageous benefits and considerations to the Authority. Neither the name, logo, products, or services of the proposer shall be such as to bring disrepute upon the Authority. If a proposal satisfactory to the Authority is not negotiated, the Authority may give notice as provided in this subsection and accept additional proposals.(c) The licensee shall have the authority to place signs, placards, imprints, or other identifying information on the grounds, buildings, or facilities of the Authority as specified in the license and only during the term of the license. The license may, but need not, require the Authority to refer to a property or other asset by the name of the licensee during the term of the license.(d) A license of naming rights is non-transferable, except to a successor entity of the licensee, and is non-renewable; however, the licensee is eligible to compete for a new license upon completion of the term of the agreement. A majority of the Board must approve any contract, lease, sale, conveyance, license, or other grant of rights to name buildings or facilities of the Authority. At least 25% of the total amount of license fees must be paid prior to the commencement of the term of the license and any balance shall be paid on a periodic schedule agreed to by the Authority.(e) Any licensing fee or revenue as a result of naming rights shall be used as provided in Section 13(g) of this Act. (Source: P.A. 96-898, eff. 5-27-10.)

70 ILCS 210/6

(70 ILCS 210/6)(from Ch. 85, par. 1226)Sec. 6. The Authority shall not incur any obligations for salaries, office
or administrative expenses except within the amounts of funds which will be
available to it when such obligations become payable.(Source: Laws 1955, p. 1125.)

70 ILCS 210/6.1

(70 ILCS 210/6.1)(from Ch. 85, par. 1226.1)Sec. 6.1. The Authority shall annually develop and adopt
a financial plan covering a period of at least 3 fiscal years.
The Authority shall adopt within 60 days after the effective date
of this amendatory Act of 1985 a financial plan covering the remainder of
the then current fiscal year and the next two succeeding fiscal years.
Each succeeding financial plan shall cover the upcoming fiscal year and the
2 next succeeding
fiscal years. The Authority shall adopt its financial plan at least 60
days prior to the beginning of each fiscal year. After adoption by the
Authority, the Authority shall file
each financial plan with the Governor, the Mayor, and the
General Assembly not later than 10 days after its adoption.
Each financial plan shall be
developed, approved and monitored in accordance with the following procedures:(a) The Authority shall determine, at least 90 days prior to the
beginning of each fiscal year, estimates of revenues available to the
Authority during the period covered by the financial plan to be
filed.
No estimates of revenues may be approved by
the Authority for inclusion or use in the financial plan unless
such estimates of revenues are reviewed by independent certified public
accountants who are not currently performing any other work for the Authority.(b) Each financial plan shall contain (i) a description of
revenues and expenditures, provision for debt service, cash resources and
uses, and capital improvements, each in such manner and detail as the
Authority shall prescribe, (ii)
if the budget of the Authority for the upcoming fiscal year is not
balanced, a statement of the means by which the budget will be brought into
balance, and (iii) such
other matters that the
Authority, in its discretion, deems relevant. The Authority shall also include
in the financial plan, or in supplements to any financial plan
previously filed as provided in this Section, such additional
information and descriptions relating to the Authority, its operations,
management and affairs as may be requested by the Governor, the Mayor or, by
joint resolution,
the General Assembly. (c) The Authority shall approve each financial plan if, in
its judgment, the financial plan is complete and is reasonably capable of being achieved.(d) The Authority shall report quarterly to the Governor, the Mayor and
the General Assembly concerning the Authority's compliance with each financial
plan and its budget then in effect for the current fiscal year.
Representatives of the Governor, the Mayor, the President of the Senate,
the Minority Leader of the Senate, the Speaker of the House or the Minority
Leader of the House may review the Authority's
operations, obtain budgetary data and financial
statements, and have access to
any other information in the possession of the Authority.(e) After approval of each financial plan, the Authority
shall regularly reexamine the revenue and expenditure estimates on which it
was based and revise them as necessary. The Authority shall promptly
notify the Governor, the Mayor and the General Assembly of any material
change in the revenue or expenditure estimates in the financial plan and budget.
The Authority shall file with the Governor, the Mayor and the
General Assembly modified financial plans based
upon revised revenue or expenditure estimates.
The Authority shall approve or reject each modified financial plan
pursuant to paragraph (c) of this Section.(Source: P.A. 84-1027.)

70 ILCS 210/7

(70 ILCS 210/7)(from Ch. 85, par. 1227)Sec. 7. The Authority shall have power to acquire and accept by
purchase, lease, gift, or otherwise any property or rights from any person
or persons or any governmental agency useful for its purposes, including,
but not limited to, Navy Pier.(Source: P.A. 86-17; 87-733.)

70 ILCS 210/8

(70 ILCS 210/8)(from Ch. 85, par. 1228)Sec. 8. The Authority shall have the power to apply for and accept grants,
loans, or appropriations from any governmental agency to be used
for any of the purposes of the Authority
and to enter into any agreement with that governmental agency in relation
to those grants, loans, or appropriations. The Authority shall also
have the power to enter into any agreement with any governmental agency
with respect to the acquisition, construction, and financing of the
Expansion Project and to make its funds
available therefor.(Source: P.A. 87-733.)

70 ILCS 210/9

(70 ILCS 210/9)(from Ch. 85, par. 1229)Sec. 9. The Authority shall have the power to procure and enter into
contracts for any type of insurance and indemnity against loss or damage to
property from any cause, against loss of use and occupancy, against
employers' liability, against loss or damage to persons from any cause,
against loss or damage caused by any act or omission of any member, officer
or employee of the Board of the Authority in the performance of the duties
of his office or employment, and against loss or damage to persons or
property from any other insurable risk.(Source: P.A. 87-733.)

70 ILCS 210/10

(70 ILCS 210/10)(from Ch. 85, par. 1230)Sec. 10. The Authority shall have the continuing power to borrow
money for the purpose of carrying out and performing its duties and
exercising its powers under this Act.For the purpose of evidencing the obligation of the Authority to
repay any money borrowed as aforesaid, the Authority may, pursuant to
ordinance adopted by the Board, from time to time issue and dispose of
its revenue bonds and notes (herein collectively referred to as bonds), and
may also from time to time issue and dispose of its revenue bonds to refund
any bonds at maturity or pursuant to redemption provisions or at any time
before maturity as provided for in Section 10.1. All such bonds shall be
payable solely from any one or more of the following sources: the revenues
or income to be derived from the fairs, expositions, meetings, and
conventions and other authorized activities of the
Authority; funds, if any, received and to be received by
the Authority from the Fair and Exposition Fund, as allocated by the
Department of Agriculture of this State; from the
Metropolitan Fair and Exposition Authority Improvement Bond
Fund pursuant to appropriation by the General Assembly; from the McCormick
Place Expansion Project Fund pursuant to appropriation by the
General Assembly; from any revenues or funds pledged or provided for such
purposes by any governmental agency; from any revenues of the Authority
from taxes it is authorized to impose; from the proceeds of refunding bonds
issued for that purpose; or from any other lawful source derived. Such
bonds may bear such date or dates, may mature at such time or times not
exceeding 40 years from their respective dates, may bear interest at
such
rate or rates payable at such times, may be in such form, may carry such
registration privileges, may be executed in such manner, may be payable at
such place or places, may be made subject to redemption in such manner and
upon such terms, with or without premium as is stated on the face thereof,
may be executed in such manner and may contain such terms and covenants,
all as may be provided in the ordinance adopted by the Board providing for
such bonds. In case any officer whose signature appears on any bond ceases
(after attaching his signature) to hold office, his signature shall
nevertheless be valid and effective for all purposes. The holder or holders
of any bonds or interest coupons appertaining thereto issued by the
Authority or any trustee on behalf of the holders may bring
civil actions to compel the performance and observance by the Authority
or any of its officers, agents or employees of any contract or covenant
made by the Authority with the holders of such bonds or interest coupons
and to compel the Authority and any of its officers, agents or employees
to perform any duties required to be performed for the benefit of the
holders of any such bonds or interest coupons by the provisions of the
ordinance authorizing their issuance and to enjoin the Authority and any of
its officers, agents or employees from taking any action in conflict
with any such contract or covenant.Notwithstanding the form and tenor of any such bonds and in the
absence of any express recital on the face thereof that it is
non-negotiable, all such bonds shall be negotiable instruments under the
Uniform Commercial Code.The bonds shall be sold by the corporate authorities of the Authority
in such manner as the corporate authorities shall determine.From and after the issuance of any bonds as herein provided it shall
be the duty of the corporate authorities of the Authority to fix and
establish rates, charges, rents and fees for the use of its grounds,
buildings, and facilities that will be sufficient at all times,
together with other revenues of the Authority available for that purpose,
to pay:(a) The cost of maintaining, repairing, regulating

and operating the grounds, buildings, and facilities; and

(b) The bonds and interest thereon as they shall

become due, and all sinking fund requirements and other requirements provided by the ordinance authorizing the issuance of the bonds or as provided by any trust agreement executed to secure payment thereof.

The Authority may provide that bonds issued under this Act
shall be payable from and secured by an assignment and pledge of and grant
of a lien on and a security interest in unexpended bond proceeds, the
proceeds of any refunding bonds, reserves or sinking funds and earnings
thereon, or all or any part of the moneys, funds, income and revenues of
the Authority from any source derived, including, without limitation, any
revenues of the Authority from taxes it is authorized to impose, the net
revenues of the Authority from its operations, payments from the
Metropolitan Fair and Exposition Authority Improvement Bond
Fund or from the McCormick Place Expansion Project Fund to the Authority or
upon its direction to any trustee or trustees under any trust agreement
securing such bonds, payments from any governmental agency, or any
combination of the foregoing. In no event shall a lien or security interest
upon the physical facilities of the Authority be created by any such lien,
pledge or security interest. The Authority may execute and deliver a trust
agreement or agreements to secure the payment of such bonds and for the
purpose of setting forth covenants and undertakings of the Authority in
connection with issuance thereof. Such pledge, assignment and grant of a
lien and security interest shall be effective immediately without any
further filing or action and shall be effective with respect to all persons
regardless of whether any such person shall have notice of such pledge,
assignment, lien or security interest.In connection with the issuance of its bonds, the Authority may enter into
arrangements to provide additional security and liquidity for the bonds.
These may include, without limitation, municipal bond insurance, letters of
credit, lines of credit by which the Authority may borrow funds to pay or
redeem its bonds and purchase or remarketing arrangements for assuring the
ability of owners of the Authority's bonds to sell or to have redeemed their
bonds. The Authority may enter into contracts and may agree to pay fees to
persons providing such arrangements, including from bond proceeds. No
such arrangement or contract shall be considered a bond or note for
purposes of any limitation on the issuance of bonds or notes by the Authority.The ordinance of the Board authorizing the issuance of its bonds may
provide that interest rates may vary from time to time depending upon
criteria established by the Board, which may include, without limitation, a
variation in interest rates as may be necessary to cause bonds to be
remarketable from time to time at a price equal to their principal amount,
and may provide for appointment of a national banking association, bank,
trust company, investment banker or other financial institution to serve as
a remarketing agent in that connection. The ordinance of the board
authorizing the issuance of its bonds may provide that alternative interest
rates or provisions will apply during such times as the bonds are held by a
person providing a letter of credit or other credit enhancement arrangement
for those bonds.To secure the payment of any or all of such bonds and for the purpose of
setting forth the covenants and undertakings of the Authority in connection
with the issuance thereof and the issuance of any additional bonds payable
from moneys, funds, revenue and income of the Authority to be derived from
any source, the Authority may execute and deliver a trust
agreement or agreements; provided that no lien upon any real property
of the Authority shall be created thereby.A remedy for any breach or default of the terms of any such trust
agreement by the Authority may be by mandamus proceedings in the circuit
court to compel performance and compliance therewith, but the trust
agreement may prescribe by whom or on whose behalf such action may be
instituted.In connection with the issuance of its bonds under this Act, the
Authority may enter into contracts that it determines necessary or
appropriate to permit it to manage payment or interest rate risk. These
contracts may include, but are not limited to, interest rate exchange
agreements; contracts providing for payment or receipt of funds based on
levels of or changes in interest rates; contracts to exchange cash flows or
series of payments; and contracts incorporating interest rate caps,
collars, floors, or locks.(Source: P.A. 94-91, eff. 7-1-05.)

70 ILCS 210/10.1

(70 ILCS 210/10.1)(from Ch. 85, par. 1230.1)Sec. 10.1. (a) The Authority is hereby authorized to provide for the
issuance, from time to time, of refunding or advance refunding bonds for
the purpose of refunding any bonds or notes then outstanding
(herein collectively referred to as bonds) at or prior to maturity or on
any redemption date, whether an entire issue or series, or one or more
issues or series, or any portions or parts of any issue or series, which
shall have been issued under the provisions of this Act.(b) The proceeds of any such refunding bonds may be used
to carry out one or more of the following purposes:(1) To pay the principal amount of all outstanding

bonds to be retired at maturity or redeemed prior to maturity;

(2) To pay the total amount of any redemption premium

incident to redemption of such outstanding bonds to be refunded;

(3) To pay the total amount of any interest accrued

or to accrue to the date or dates of redemption or maturity of such outstanding bonds to be refunded;

(4) To pay any and all costs or expenses incident to

such refunding;

(5) To establish reserves for the payment of such

refunding bonds and the interest thereon.

(c) The issuance of refunding bonds, the maturities and other details
thereof, the rights of the holders thereof and the rights, duties and
obligations of the Authority in respect of the same shall be governed by
the provisions of this Act, insofar as the same may be applicable, and may
in harmony therewith be augmented or supplemented by resolution or
ordinance to conform to the facts and circumstances prevailing in each
instance of issuance of such refunding bonds; provided that, with respect
to refunding or advance refunding bonds issued before January 1, 1991, the
Authority shall consult with the Illinois
Governor's Office of Management and Budget (formerly
Bureau of the Budget)
to develop
the structure of the proposed transaction.After the adoption by the Board of an ordinance authorizing the issuance
of such refunding bonds before January 1, 1991, and the execution of any
proposal or contract relating to the sale thereof, the Authority shall
prepare and deliver a report as soon as practical to the Director of the
Governor's Office of Management and Budget (formerly
Bureau of the Budget), the President of the Senate, the Minority Leader of
the Senate, the Speaker of the House of Representatives and the Minority
Leader of the House of Representatives setting forth the amount of
refunding bonds, the interest rate or rates, a schedule of estimated debt
service requirements, the projected cost savings to the State, the method
or manner of the sale and any participants therein, including underwriters,
financial advisors, attorneys, accountants, trustees, printers, registrars
and paying agents.(d) With reference to the investment of the proceeds of any such
refunding bonds, the interest on which is exempt from tax under federal
law, the Authority shall not authorize or anticipate investment
earnings exceeding such as are authorized or permitted under prevailing
federal laws, regulations and administrative rulings relating to arbitrage
bonds.(e) The proceeds of any such refunding bonds (together with any other
funds available for application to refunding purposes, if so provided or
permitted by ordinance authorizing the issuance of such refunding bonds or
in a trust agreement securing the same) may be placed in trust to be
applied to the purchase, retirement at maturity or redemption of the bonds
to be refunded on such dates as may be determined by the Authority.
Pending application thereof, the proceeds of such refunding bonds and such
other available funds, if any, may be invested in direct obligations of, or
obligations the principal thereof and the interest on which are
unconditionally guaranteed by, the United States of America which shall
mature, or which shall be subject to redemption by the holder thereof at
its option not later than the respective date or dates when such proceeds
and other available funds, if any, (either together with the interest
accruing thereon or without considering the interest accruing thereon) will
be required for the refunding purpose intended or authorized.(f) Upon the deposit of the proceeds of the refunding bonds (together
with any other funds available for application to refunding purposes, if so
provided or permitted by ordinance authorizing the issuance of such
refunding bonds or in a trust agreement securing the same) in an
irrevocable trust pursuant to a trust agreement with a
trustee requiring the trustee to satisfy the obligations of the
Authority to timely redeem and retire the outstanding bonds for which the
proceeds and other funds, if any, are deposited, in an amount sufficient to
satisfy the obligation of the Authority to timely redeem and retire such
outstanding bonds or upon the deposit in such irrevocable trust of direct
obligations which, or obligations the principal and interest of which, are
unconditionally guaranteed by the United States of America, in an amount
sufficient to pay all principal and all interest accrued and to be accrued
in respect of the bonds to be refunded from the reinvestment of such
principal and interest, or in such amounts so that upon maturity (or
upon optional redemption by the trustee) of such obligations amounts will be
produced, taking into account investment earnings, on a timely basis
sufficient to satisfy the obligations of the Authority to timely redeem and
retire such outstanding bonds, and notwithstanding any provision of any
ordinance or trust agreement authorizing the issuance of such outstanding
bonds to the contrary, such outstanding bonds shall be deemed paid and no
longer be deemed to be outstanding for purposes of such ordinance or trust
agreement, and all rights and obligations of the
bond holders and the Authority under such prior ordinance or trust agreement
shall be deemed discharged, provided, however, that the holders of such
outstanding bonds shall have an irrevocable and unconditional right to
payment in full of all principal of and premium if any and interest on such
outstanding bonds when due from the amounts on deposit in such trust. The
trustee shall be any trust company or bank in the State of Illinois having
the power of a trust company possessing capital and surplus of not less than $100,000,000.(g) Bond proceeds on deposit in the construction fund, are authorized to be
used to pay principal or interest on the refunded bonds and the Authority
is authorized to issue bonds for the purpose of reimbursing its
construction fund in the amount of the bond proceeds used in connection with
the refunding issuance. That portion of the bond proceeds used to
reimburse the construction fund shall be deemed refunding bonds for the
purposes of this Act.(Source: P.A. 94-793, eff. 5-19-06.)

70 ILCS 210/10.2

(70 ILCS 210/10.2)Sec. 10.2. Bonding disclosure.(a) Truth in borrowing disclosure. Within 60 business days after the issuance of any bonds under this Act, the Authority shall disclose the total principal and interest payments to be paid on the bonds over the full stated term of the bonds. The disclosure also shall include principal and interest payments to be made by each fiscal year over the full stated term of the bonds and total principal and interest payments to be made by each fiscal year on all other outstanding bonds issued under this Act over the full stated terms of those bonds. These disclosures shall be calculated assuming bonds are not redeemed or refunded prior to their stated maturities. Amounts included in these disclosures as payment of interest on variable rate bonds shall be computed at an interest rate equal to the rate at which the variable rate bonds are first set upon issuance, plus 2.5%, after taking into account any credits permitted in the related indenture or other instrument against the amount of such interest for each fiscal year.(b) Bond sale expenses disclosure. Within 60 business days after the issuance of any bonds under this Act, the Authority shall disclose all costs of issuance on each sale of bonds under this Act. The disclosure shall include, as applicable, the respective percentages of participation and compensation of each underwriter that is a member of the underwriting syndicate, legal counsel, financial advisors, and other professionals for the bond issue and an identification of all costs of issuance paid to minority owned businesses, female owned businesses, and businesses owned by persons with disabilities. The terms "minority owned businesses", "female owned businesses", and "business owned by a person with a disability" have the meanings given to those terms in the Business Enterprise for Minorities, Females, and Persons with Disabilities Act. In addition, the Authority shall provide copies of all contracts under which any costs of issuance are paid or to be paid to the Commission on Government Forecasting and Accountability within 60 business days after the issuance of bonds for which those costs are paid or to be paid. Instead of filing a second or subsequent copy of the same contract, the Authority may file a statement that specified costs are paid under specified contracts filed earlier with the Commission.(c) The disclosures required in this Section shall be published by posting the disclosures for no less than 30 days on the website of the Authority and shall be available to the public upon request. The Authority shall also provide the disclosures to the Governor's Office of Management and Budget, the Commission on Government Forecasting and Accountability, and the General Assembly.(Source: P.A. 96-898, eff. 5-27-10.)

70 ILCS 210/11

(70 ILCS 210/11)(from Ch. 85, par. 1231)Sec. 11. Under no circumstances shall any bonds issued by the Authority or
any other obligation of the Authority be or become an indebtedness or
obligation of the State of Illinois or of any other political subdivision
of or municipality within the State, nor shall any such bond or obligation
be or become an indebtedness of the Authority within the purview of any
constitutional limitation or provision, and it shall be plainly stated on
the face of each bond that it does not constitute such an indebtedness or
obligation but is payable solely from the revenues or income as aforesaid.(Source: Laws 1955, p. 1125.)

70 ILCS 210/12

(70 ILCS 210/12)(from Ch. 85, par. 1232)Sec. 12. The State and all counties, cities, villages, incorporated towns
and other municipal corporations, political subdivisions and public bodies,
and public officers of any thereof, all banks, bankers, trust companies,
savings banks and institutions, building and loan associations, savings and
loan associations, investment companies and other persons carrying on an
insurance business and all executors, administrators, guardians, trustees
and other fiduciaries may legally invest any sinking funds, moneys or other
funds belonging to them or within their control in any bonds issued
pursuant to this Act, it being the purpose of this section to authorize the
investment in such bonds of all sinking, insurance, retirement,
compensation, pension and trust funds, whether owned or controlled by
private or public persons or officers; provided, however, that nothing
contained in this section may be construed as relieving any person from any
duty of exercising reasonable care in selecting securities for purchase or
investment.(Source: Laws 1955, p. 1125.)

70 ILCS 210/13

(70 ILCS 210/13)(from Ch. 85, par. 1233)Sec. 13. (a) The Authority shall not have power to levy taxes for any
purpose, except as provided in subsections (b), (c), (d), (e), and (f).(b) By ordinance the Authority shall, as soon as practicable after the
effective date of this amendatory Act of 1991, impose a Metropolitan Pier and
Exposition Authority Retailers' Occupation Tax upon all persons engaged in
the business of selling tangible personal property at retail within the
territory described in this subsection at the rate of 1.0% of the gross
receipts (i) from the sale of food, alcoholic beverages, and soft drinks
sold for consumption on the premises where sold and (ii) from the sale of
food, alcoholic beverages, and soft drinks sold for consumption off the
premises where sold by a retailer whose principal source of gross receipts
is from the sale of food, alcoholic beverages, and soft drinks prepared for
immediate consumption.The tax imposed under this subsection and all civil penalties that may
be assessed as an incident to that tax shall be collected and enforced by the
Illinois Department of Revenue. The Department shall have full power to
administer and enforce this subsection, to collect all taxes and penalties so
collected in the manner provided in this subsection, and to determine all
rights to credit memoranda arising on account of the erroneous payment of
tax or penalty under this subsection. In the administration of and
compliance with this subsection, the Department and persons who are subject
to this subsection shall have the same rights, remedies, privileges,
immunities, powers, and duties, shall be subject to the same conditions,
restrictions, limitations, penalties, exclusions, exemptions, and
definitions of terms, and shall employ the same modes of procedure
applicable to this Retailers' Occupation Tax as are prescribed in Sections
1, 2 through 2-65 (in respect to all provisions of those Sections other
than the State rate of taxes), 2c, 2h, 2i, 3 (except as to the disposition
of taxes and penalties collected), 4, 5, 5a, 5b, 5c, 5d, 5e, 5f, 5g, 5i,
5j, 6, 6a, 6b, 6c, 7, 8, 9, 10, 11, 12, 13, and, until January 1, 1994, 13.5
of the Retailers' Occupation Tax Act, and, on and after January 1, 1994, all
applicable provisions of the Uniform Penalty and Interest Act that are not
inconsistent with this Act, as fully as if provisions contained in those
Sections of the Retailers' Occupation Tax Act were set forth in this
subsection.Persons subject to any tax imposed under the authority granted in
this subsection may reimburse themselves for their seller's tax liability
under this subsection by separately stating that tax as an additional
charge, which charge may be stated in combination, in a single amount, with
State taxes that sellers are required to collect under the Use Tax Act,
pursuant to bracket schedules as the Department may prescribe.
The retailer filing the return shall, at the time of filing the
return, pay to the Department the amount of tax imposed under this
subsection, less a discount of 1.75%, which is allowed to reimburse the
retailer for the expenses incurred in keeping records, preparing and
filing returns, remitting the tax, and supplying data to the Department on
request.Whenever the Department determines that a refund should be made under
this subsection to a claimant instead of issuing a credit memorandum, the
Department shall notify the State Comptroller, who shall cause a warrant
to be drawn for the amount specified and to the person named in the
notification from the Department. The refund shall be paid by the State
Treasurer out of the Metropolitan Pier and Exposition Authority trust fund
held by the State Treasurer as trustee for the Authority.Nothing in this subsection authorizes the Authority to impose a tax upon
the privilege of engaging in any business that under the Constitution of
the United States may not be made the subject of taxation by this State.The Department shall forthwith pay over to the State Treasurer, ex
officio, as trustee for the Authority, all taxes and penalties collected
under this subsection for deposit into a trust fund held outside of the
State Treasury. As soon as possible after the first day of each month, beginning January 1, 2011, upon certification of the Department of Revenue, the Comptroller shall order transferred, and the Treasurer shall transfer, to the STAR Bonds Revenue Fund the local sales tax increment, as defined in the Innovation Development and Economy Act, collected under this subsection during the second preceding calendar month for sales within a STAR bond district.After the monthly transfer to the STAR Bonds Revenue Fund, on or before the 25th day of each calendar month, the
Department shall prepare and certify to the Comptroller the amounts to be
paid under subsection (g) of this Section, which shall be the amounts, not
including credit memoranda, collected under this subsection during the second
preceding calendar month by the Department, less any amounts determined by the
Department to be necessary for the payment of refunds, less 2% of such
balance, which sum shall be deposited by the State Treasurer into the Tax
Compliance and Administration Fund in the State Treasury from which it shall be
appropriated to the Department to cover the costs of the Department in
administering and enforcing the provisions of this subsection, and less any amounts that are transferred to the STAR Bonds Revenue Fund. Within 10 days
after receipt by the Comptroller of the certification, the Comptroller shall
cause the orders to be drawn for the remaining amounts, and the Treasurer shall
administer those amounts as required in subsection (g).A certificate of registration issued by the Illinois Department of Revenue
to a retailer under the Retailers' Occupation Tax Act shall permit the
registrant to engage in a business that is taxed under the tax imposed
under this subsection, and no additional registration shall be required
under the ordinance imposing the tax or under this subsection.A certified copy of any ordinance imposing or discontinuing any tax under
this subsection or effecting a change in the rate of that tax shall be
filed with the Department, whereupon the Department shall proceed to
administer and enforce this subsection on behalf of the Authority as of the
first day of the third calendar month following the date of filing.The tax authorized to be levied under this subsection may be levied within
all or any part of the following described portions of the metropolitan area:(1) that portion of the City of Chicago located

within the following area: Beginning at the point of intersection of the Cook County - DuPage County line and York Road, then North along York Road to its intersection with Touhy Avenue, then east along Touhy Avenue to its intersection with the Northwest Tollway, then southeast along the Northwest Tollway to its intersection with Lee Street, then south along Lee Street to Higgins Road, then south and east along Higgins Road to its intersection with Mannheim Road, then south along Mannheim Road to its intersection with Irving Park Road, then west along Irving Park Road to its intersection with the Cook County - DuPage County line, then north and west along the county line to the point of beginning; and

(2) that portion of the City of Chicago located

within the following area: Beginning at the intersection of West 55th Street with Central Avenue, then east along West 55th Street to its intersection with South Cicero Avenue, then south along South Cicero Avenue to its intersection with West 63rd Street, then west along West 63rd Street to its intersection with South Central Avenue, then north along South Central Avenue to the point of beginning; and

(3) that portion of the City of Chicago located

within the following area: Beginning at the point 150 feet west of the intersection of the west line of North Ashland Avenue and the north line of West Diversey Avenue, then north 150 feet, then east along a line 150 feet north of the north line of West Diversey Avenue extended to the shoreline of Lake Michigan, then following the shoreline of Lake Michigan (including Navy Pier and all other improvements fixed to land, docks, or piers) to the point where the shoreline of Lake Michigan and the Adlai E. Stevenson Expressway extended east to that shoreline intersect, then west along the Adlai E. Stevenson Expressway to a point 150 feet west of the west line of South Ashland Avenue, then north along a line 150 feet west of the west line of South and North Ashland Avenue to the point of beginning.

The tax authorized to be levied under this subsection may also be
levied on food, alcoholic beverages, and soft drinks sold on boats and
other watercraft departing from and returning to the shoreline of Lake
Michigan (including Navy Pier and all other improvements fixed to land,
docks, or piers) described in item (3).(c) By ordinance the Authority shall, as soon as practicable after the
effective date of this amendatory Act of 1991, impose an occupation tax
upon all persons engaged in the corporate limits of the City of Chicago in
the business of renting, leasing, or letting rooms in a hotel, as defined
in the Hotel Operators' Occupation Tax Act, at a rate of 2.5% of the gross
rental receipts from the renting, leasing, or letting of hotel rooms within
the City of Chicago, excluding, however, from gross rental receipts
the proceeds of renting, leasing, or letting to permanent residents of
a hotel, as defined in that Act. Gross rental receipts shall not include
charges that are added on account of the liability arising from any tax
imposed by the State or any governmental agency on the occupation of
renting, leasing, or letting rooms in a hotel.The tax imposed by the Authority under this subsection and all civil
penalties that may be assessed as an incident to that tax shall be collected
and enforced by the Illinois Department of Revenue. The certificate of
registration that is issued by the Department to a lessor under the Hotel
Operators' Occupation Tax Act shall permit that registrant to engage in a
business that is taxable under any ordinance enacted under this
subsection without registering separately with the Department under that
ordinance or under this subsection. The Department shall have full power to
administer and enforce this subsection, to collect all taxes and penalties
due under this subsection, to dispose of taxes and penalties so collected
in the manner provided in this subsection, and to determine all rights to
credit memoranda arising on account of the erroneous payment of tax or
penalty under this subsection. In the administration of and compliance with
this subsection, the Department and persons who are subject to this
subsection shall have the same rights, remedies, privileges, immunities,
powers, and duties, shall be subject to the same conditions, restrictions,
limitations, penalties, and definitions of terms, and shall employ the same
modes of procedure as are prescribed in the Hotel Operators' Occupation Tax
Act (except where that Act is inconsistent with this subsection), as fully
as if the provisions contained in the Hotel Operators' Occupation Tax Act
were set out in this subsection.Whenever the Department determines that a refund should be made under
this subsection to a claimant instead of issuing a credit memorandum, the
Department shall notify the State Comptroller, who shall cause a warrant
to be drawn for the amount specified and to the person named in the
notification from the Department. The refund shall be paid by the State
Treasurer out of the Metropolitan Pier and Exposition Authority trust fund
held by the State Treasurer as trustee for the Authority.Persons subject to any tax imposed under the authority granted in
this subsection may reimburse themselves for their tax liability for that
tax by separately stating that tax as an additional charge,
which charge may be stated in combination, in a single amount, with State
taxes imposed under the Hotel Operators' Occupation Tax Act, the
municipal tax imposed under Section 8-3-13 of the Illinois Municipal
Code, and the tax imposed under Section 19 of the Illinois Sports
Facilities Authority Act.The person filing the return shall, at the time of filing the return,
pay to the Department the amount of tax, less a discount of 2.1% or $25 per
calendar year, whichever is greater, which is allowed to reimburse the
operator for the expenses incurred in keeping records, preparing and filing
returns, remitting the tax, and supplying data to the Department on request.The Department shall forthwith pay over to the State Treasurer,
ex officio, as trustee for the Authority, all taxes and penalties collected
under this subsection for deposit into a trust fund held outside the State
Treasury. On or before the 25th day of each calendar month, the Department
shall certify to the Comptroller the amounts to be paid under subsection
(g) of this Section, which shall be the amounts (not including credit
memoranda) collected under this subsection during the second preceding
calendar month by the Department, less any amounts determined by the
Department to be necessary for payment of refunds. Within 10 days after
receipt by the Comptroller of the Department's certification, the
Comptroller shall cause the orders to be drawn for such amounts, and the
Treasurer shall administer those amounts as required in subsection (g).A certified copy of any ordinance imposing or discontinuing a tax under this
subsection or effecting a change in the rate of that tax shall be filed with
the Illinois Department of Revenue, whereupon the Department shall proceed to
administer and enforce this subsection on behalf of the Authority as of the
first day of the third calendar month following the date of filing.(d) By ordinance the Authority shall, as soon as practicable after the
effective date of this amendatory Act of 1991, impose a tax
upon all persons engaged in the business of renting automobiles in the
metropolitan area at the rate of 6% of the gross
receipts from that business, except that no tax shall be imposed on the
business of renting automobiles for use as taxicabs or in livery service.
The tax imposed under this subsection and all civil penalties that may be
assessed as an incident to that tax shall be collected and enforced by the
Illinois Department of Revenue. The certificate of registration issued by
the Department to a retailer under the Retailers' Occupation Tax Act or
under the Automobile Renting Occupation and Use Tax Act shall permit that
person to engage in a business that is taxable under any ordinance enacted
under this subsection without registering separately with the Department
under that ordinance or under this subsection. The Department shall have
full power to administer and enforce this subsection, to collect all taxes
and penalties due under this subsection, to dispose of taxes and penalties
so collected in the manner provided in this subsection, and to determine
all rights to credit memoranda arising on account of the erroneous payment
of tax or penalty under this subsection. In the administration of and
compliance with this subsection, the Department and persons who are subject
to this subsection shall have the same rights, remedies, privileges,
immunities, powers, and duties, be subject to the same conditions,
restrictions, limitations, penalties, and definitions of terms, and employ
the same modes of procedure as are prescribed in Sections 2 and 3 (in
respect to all provisions of those Sections other than the State rate of
tax; and in respect to the provisions of the Retailers' Occupation Tax Act
referred to in those Sections, except as to the disposition of taxes and
penalties collected, except for the provision allowing retailers a
deduction from the tax to cover certain costs, and except that credit
memoranda issued under this subsection may not be used to discharge any
State tax liability) of the Automobile Renting Occupation and Use Tax Act,
as fully as if provisions contained in those Sections of that Act were set
forth in this subsection.Persons subject to any tax imposed under the authority granted in
this subsection may reimburse themselves for their tax liability under this
subsection by separately stating that tax as an additional charge, which
charge may be stated in combination, in a single amount, with State tax
that sellers are required to collect under the Automobile Renting
Occupation and Use Tax Act, pursuant to bracket schedules as the Department
may prescribe.Whenever the Department determines that a refund should be made under
this subsection to a claimant instead of issuing a credit memorandum, the
Department shall notify the State Comptroller, who shall cause a warrant to
be drawn for the amount specified and to the person named in the
notification from the Department. The refund shall be paid by the State
Treasurer out of the Metropolitan Pier and Exposition Authority trust fund
held by the State Treasurer as trustee for the Authority.The Department shall forthwith pay over to the State Treasurer, ex officio,
as trustee, all taxes and penalties collected under this subsection for
deposit into a trust fund held outside the State Treasury. On or before the
25th day of each calendar month, the Department shall certify
to the Comptroller the amounts to be paid under subsection (g) of this
Section (not including credit memoranda) collected under this subsection
during the second preceding calendar month by the Department, less any
amount determined by the Department to be necessary for payment of refunds.
Within 10 days after receipt by the Comptroller of the Department's
certification, the Comptroller shall cause the orders to be drawn for such
amounts, and the Treasurer shall administer those amounts as required in
subsection (g).Nothing in this subsection authorizes the Authority to impose a tax upon
the privilege of engaging in any business that under the Constitution of
the United States may not be made the subject of taxation by this State.A certified copy of any ordinance imposing or discontinuing a tax under
this subsection or effecting a change in the rate of that tax shall be
filed with the Illinois Department of Revenue, whereupon the Department
shall proceed to administer and enforce this subsection on behalf of the
Authority as of the first day of the third calendar month following the
date of filing.(e) By ordinance the Authority shall, as soon as practicable after the
effective date of this amendatory Act of 1991, impose a tax upon the
privilege of using in the metropolitan area an automobile that is rented
from a rentor outside Illinois and is titled or registered with an agency
of this State's government at a rate of 6% of the rental price of that
automobile, except that no tax shall be imposed on the privilege of using
automobiles rented for use as taxicabs or in livery service. The tax shall
be collected from persons whose Illinois address for titling or
registration purposes is given as being in the metropolitan area. The tax
shall be collected by the Department of Revenue for the Authority. The tax
must be paid to the State or an exemption determination must be obtained
from the Department of Revenue before the title or certificate of
registration for the property may be issued. The tax or proof of exemption
may be transmitted to the Department by way of the State agency with which
or State officer with whom the tangible personal property must be titled or
registered if the Department and that agency or State officer determine
that this procedure will expedite the processing of applications for title
or registration.The Department shall have full power to administer and enforce this
subsection, to collect all taxes, penalties, and interest due under this
subsection, to dispose of taxes, penalties, and interest so collected in
the manner provided in this subsection, and to determine all rights to
credit memoranda or refunds arising on account of the erroneous payment of
tax, penalty, or interest under this subsection. In the administration of
and compliance with this subsection, the Department and persons who are
subject to this subsection shall have the same rights, remedies,
privileges, immunities, powers, and duties, be subject to the same
conditions, restrictions, limitations, penalties, and definitions of terms,
and employ the same modes of procedure as are prescribed in Sections 2 and
4 (except provisions pertaining to the State rate of tax; and in respect to
the provisions of the Use Tax Act referred to in that Section, except
provisions concerning collection or refunding of the tax by retailers,
except the provisions of Section 19 pertaining to claims by retailers,
except the last paragraph concerning refunds, and except that credit
memoranda issued under this subsection may not be used to discharge any
State tax liability) of the Automobile Renting Occupation and Use Tax Act,
as fully as if provisions contained in those Sections of that Act were set
forth in this subsection.Whenever the Department determines that a refund should be made under this
subsection to a claimant instead of issuing a credit memorandum, the Department
shall notify the State Comptroller, who shall cause a warrant to be drawn
for the amount specified and to the person named in the notification
from the Department. The refund shall be paid by the State Treasurer out
of the Metropolitan Pier and Exposition Authority trust fund held by the
State Treasurer as trustee for the Authority.The Department shall forthwith pay over to the State Treasurer, ex officio,
as trustee, all taxes, penalties, and interest collected under this
subsection for deposit into a trust fund held outside the State Treasury.
On or before the 25th day of each calendar month, the Department shall
certify to the State Comptroller the amounts to be paid under subsection
(g) of this Section, which shall be the amounts (not including credit
memoranda) collected under this subsection during the second preceding
calendar month by the Department, less any amounts determined by the
Department to be necessary for payment of refunds. Within 10 days after
receipt by the State Comptroller of the Department's certification, the
Comptroller shall cause the orders to be drawn for such amounts, and the
Treasurer shall administer those amounts as required in subsection (g).A certified copy of any ordinance imposing or discontinuing a tax or
effecting a change in the rate of that tax shall be filed with the Illinois
Department of Revenue, whereupon the Department shall proceed to administer
and enforce this subsection on behalf of the Authority as of the first day
of the third calendar month following the date of filing.(f) By ordinance the Authority shall, as soon as practicable after the
effective date of this amendatory Act of 1991, impose an occupation tax on all
persons, other than a governmental agency, engaged in the business of
providing ground transportation for hire to passengers in the metropolitan
area at a rate of (i) $4 per taxi or livery vehicle departure with
passengers for hire from commercial service airports in the metropolitan
area, (ii) for each departure with passengers for hire from a commercial
service airport in the metropolitan area in a bus or van operated by a
person other than a person described in item (iii): $18 per bus or van with
a capacity of 1-12 passengers, $36 per bus or van with a capacity of 13-24
passengers, and $54 per bus or van with a capacity of over 24 passengers,
and (iii) for each departure with passengers for hire from a commercial
service airport in the metropolitan area in a bus or van operated by a
person regulated by the Interstate Commerce Commission or Illinois Commerce
Commission, operating scheduled service from the airport, and charging fares on
a per passenger basis: $2 per passenger for hire in each bus or van. The term
"commercial service airports" means those airports receiving scheduled
passenger service and enplaning more than 100,000 passengers per year.In the ordinance imposing the tax, the Authority may provide for the
administration and enforcement of the tax and the collection of the tax
from persons subject to the tax as the Authority determines to be necessary
or practicable for the effective administration of the tax. The Authority
may enter into agreements as it deems appropriate with any governmental
agency providing for that agency to act as the Authority's agent to
collect the tax.In the ordinance imposing the tax, the Authority may designate a method or
methods for persons subject to the tax to reimburse themselves for the tax
liability arising under the ordinance (i) by separately stating the full
amount of the tax liability as an additional charge to passengers departing
the airports, (ii) by separately stating one-half of the tax liability as
an additional charge to both passengers departing from and to passengers
arriving at the airports, or (iii) by some other method determined by the
Authority.All taxes, penalties, and interest collected under any ordinance adopted
under this subsection, less any amounts determined to be necessary for the
payment of refunds and less the taxes, penalties, and interest attributable to any increase in the rate of tax authorized by Public Act 96-898, shall be paid forthwith to the State Treasurer, ex
officio, for deposit into a trust fund held outside the State Treasury and
shall be administered by the State Treasurer as provided in subsection (g)
of this Section. All taxes, penalties, and interest attributable to any increase in the rate of tax authorized by Public Act 96-898 shall be paid by the State Treasurer as follows: 25% for deposit into the Convention Center Support Fund, to be used by the Village of Rosemont for the repair, maintenance, and improvement of the Donald E. Stephens Convention Center and for debt service on debt instruments issued for those purposes by the village and 75% to the Authority to be used for grants to an organization meeting the qualifications set out in Section 5.6 of this Act, provided the Metropolitan Pier and Exposition Authority has entered into a marketing agreement with such an organization. (g) Amounts deposited from the proceeds of taxes imposed by the
Authority under subsections (b), (c), (d), (e), and (f) of this Section and
amounts deposited under Section 19 of the Illinois Sports Facilities
Authority Act shall be held in a trust fund outside the State Treasury and
shall be administered by the Treasurer as follows: (1) An amount necessary for the payment of refunds

with respect to those taxes shall be retained in the trust fund and used for those payments.

(2) On July 20 and on the 20th of each month

thereafter, provided that the amount requested in the annual certificate of the Chairman of the Authority filed under Section 8.25f of the State Finance Act has been appropriated for payment to the Authority, 1/8 of the local tax transfer amount, together with any cumulative deficiencies in the amounts transferred into the McCormick Place Expansion Project Fund under this subparagraph (2) during the fiscal year for which the certificate has been filed, shall be transferred from the trust fund into the McCormick Place Expansion Project Fund in the State treasury until 100% of the local tax transfer amount has been so transferred. "Local tax transfer amount" shall mean the amount requested in the annual certificate, minus the reduction amount. "Reduction amount" shall mean $41.7 million in fiscal year 2011, $36.7 million in fiscal year 2012, $36.7 million in fiscal year 2013, $36.7 million in fiscal year 2014, and $31.7 million in each fiscal year thereafter until 2032, provided that the reduction amount shall be reduced by (i) the amount certified by the Authority to the State Comptroller and State Treasurer under Section 8.25 of the State Finance Act, as amended, with respect to that fiscal year and (ii) in any fiscal year in which the amounts deposited in the trust fund under this Section exceed $318.3 million, exclusive of amounts set aside for refunds and for the reserve account, one dollar for each dollar of the deposits in the trust fund above $318.3 million with respect to that year, exclusive of amounts set aside for refunds and for the reserve account.

(3) On July 20, 2010, the Comptroller shall certify

to the Governor, the Treasurer, and the Chairman of the Authority the 2010 deficiency amount, which means the cumulative amount of transfers that were due from the trust fund to the McCormick Place Expansion Project Fund in fiscal years 2008, 2009, and 2010 under Section 13(g) of this Act, as it existed prior to May 27, 2010 (the effective date of Public Act 96-898), but not made. On July 20, 2011 and on July 20 of each year through July 20, 2014, the Treasurer shall calculate for the previous fiscal year the surplus revenues in the trust fund and pay that amount to the Authority. On July 20, 2015 and on July 20 of each year thereafter, as long as bonds and notes issued under Section 13.2 or bonds and notes issued to refund those bonds and notes are outstanding, the Treasurer shall calculate for the previous fiscal year the surplus revenues in the trust fund and pay one-half of that amount to the State Treasurer for deposit into the General Revenue Fund until the 2010 deficiency amount has been paid and shall pay the balance of the surplus revenues to the Authority. "Surplus revenues" means the amounts remaining in the trust fund on June 30 of the previous fiscal year (A) after the State Treasurer has set aside in the trust fund (i) amounts retained for refunds under subparagraph (1) and (ii) any amounts necessary to meet the reserve account amount and (B) after the State Treasurer has transferred from the trust fund to the General Revenue Fund 100% of any post-2010 deficiency amount. "Reserve account amount" means $15 million in fiscal year 2011 and $30 million in each fiscal year thereafter. The reserve account amount shall be set aside in the trust fund and used as a reserve to be transferred to the McCormick Place Expansion Project Fund in the event the proceeds of taxes imposed under this Section 13 are not sufficient to fund the transfer required in subparagraph (2). "Post-2010 deficiency amount" means any deficiency in transfers from the trust fund to the McCormick Place Expansion Project Fund with respect to fiscal years 2011 and thereafter. It is the intention of this subparagraph (3) that no surplus revenues shall be paid to the Authority with respect to any year in which a post-2010 deficiency amount has not been satisfied by the Authority.

Moneys received by the Authority as surplus revenues may be used (i) for the purposes of paying debt service on the bonds and notes issued by the Authority, including early redemption of those bonds or notes, (ii) for the purposes of repair, replacement, and improvement of the grounds, buildings, and facilities of the Authority, and (iii) for the corporate purposes of the Authority in fiscal years 2011 through 2015 in an amount not to exceed $20,000,000 annually or $80,000,000 total, which amount shall be reduced $0.75 for each dollar of the receipts of the Authority in that year from any contract entered into with respect to naming rights at McCormick Place under Section 5(m) of this Act. When bonds and notes issued under Section 13.2, or bonds or notes issued to refund those bonds and notes, are no longer outstanding, the balance in the trust fund shall be paid to the Authority. (h) The ordinances imposing the taxes authorized by this Section shall
be repealed when bonds and notes issued under Section 13.2 or bonds and
notes issued to refund those bonds and notes are no longer outstanding.(Source: P.A. 97-333, eff. 8-12-11; 98-463, eff. 8-16-13.)

70 ILCS 210/13.1

(70 ILCS 210/13.1)(from Ch. 85, par. 1233.1)Sec. 13.1. There is hereby created the Metropolitan Fair and
Exposition Authority Improvement Bond Fund and the Metropolitan Fair and
Exposition Authority Completion Note Subordinate Fund in the State Treasury.
All moneys transferred from the McCormick Place Account in the Build
Illinois Fund to the Metropolitan Fair and Exposition Authority Improvement
Bond Fund and all moneys transferred from the Metropolitan Fair and
Exposition Authority Improvement Bond Fund to the Metropolitan Fair and
Exposition Authority Completion Note Subordinate Fund may be appropriated
by law for the purpose of paying the debt service requirements on all bonds
and notes issued under this Section, including refunding bonds, (herein
collectively referred to as bonds) to be issued by the Authority subsequent
to July 1, 1984 in an aggregate amount (excluding the amount of any
refunding bonds issued by the Authority subsequent to January 1, 1986), not
to exceed $312,500,000, with such aggregate amount comprised of (i) an
amount not to exceed $259,000,000 for the purpose of paying costs of the
Project and (ii) the balance for the purpose of refunding those bonds of
the Authority that were issued prior to July 1, 1984 and for the purpose of
establishing necessary reserves on, paying capitalized interest on, and
paying costs of issuance of bonds, other than refunding bonds issued
subsequent to January 1, 1986, issued for those purposes, provided
that any proceeds of bonds, other than refunding bonds issued subsequent
to January 1, 1986, and interest or other investment earnings
thereon not used for the purposes stated in items (i) and (ii) above shall
be used solely to redeem outstanding bonds, other than bonds which have
been refunded or advance refunded, of the Authority. The Authority
will use its best efforts to cause all bonds issued pursuant to this Section,
other than bonds which have been refunded or advance refunded, to
be or to become on a parity with one another. Notwithstanding any
provision of any prior ordinance or trust agreement
authorizing the issuance of outstanding bonds payable or to become payable
from the Metropolitan Fair and Exposition Authority Improvement Bond Fund,
refunding or advance refunding bonds may be issued subsequent to January
1, 1986, payable from the Metropolitan Fair and Exposition Authority
Improvement Bond Fund on a parity with any such prior bonds which remain
outstanding provided, that in the event of any such partial refunding (i)
the debt service requirements after such refunding for all bonds payable
from the Metropolitan Fair and Exposition Authority Improvement Bond Fund
issued after July 1, 1984, by the Authority which shall be outstanding
after such refunding shall not have been increased by reason of such
refunding in any then current or future fiscal year in which such prior
outstanding bonds shall remain outstanding and (ii) such parity refunding
bonds shall be deemed to be parity bonds issued to pay costs of the Project
for purposes of such prior ordinance or trust agreement. It is hereby found
and determined that (i) the issuance of such parity refunding bonds shall
further the purposes of this Act and (ii) the contractual rights of the
bondholders under any such prior ordinance or trust agreement will not be
impaired or adversely affected by such issuance.No amounts in excess of the sum of $250,000,000 plus all interest and
other investment income earned prior to the effective date of this
amendatory Act of 1985 on all proceeds of all bonds issued for the purpose of
paying costs of the Project shall be obligated or
expended with respect to the costs of the Project without prior written
approval from the Director of the
Governor's Office of Management and Budget. Such approval shall
be based upon factors including, but not limited to, the necessity, in
relation to the Authority's ability to complete the Project and open the
facility to the public in a timely manner, of incurring the costs, and the
appropriateness of using bond funds for such purpose. The Director of the
Governor's Office of Management and Budget may, in his discretion, consider other reasonable
factors in determining whether to approve payment of costs of the Project.
The Authority shall furnish to the
Governor's Office of Management and Budget such information as
may from time to time be requested. The Director of the
Governor's Office of Management and Budget or any duly authorized employee of the
Governor's Office of Management and Budget shall,
for the purpose of securing such information, have access to, and the right
to examine, all books, documents, papers and records of the Authority.On the first day of each month commencing after July of 1984, moneys, if
any, on deposit in the Metropolitan Fair and Exposition Authority
Improvement Bond Fund shall, subject to appropriation by law, be paid in full
to the Authority or upon its direction to the trustee or
trustees for bond holders of bonds which by their terms are payable from
the moneys received from the Metropolitan Fair and Exposition Authority
Improvement Bond Fund issued by the Metropolitan Pier and
Exposition Authority subsequent to July 1, 1984, for the purposes specified
in the first paragraph of this Section and in Section
10.1 of this Act, such trustee or trustees having been designated pursuant
to ordinance of the Authority, until an amount equal to 100% of the
aggregate amount of such principal and interest in such fiscal year,
including pursuant to sinking fund requirements, has been so paid and
deficiencies in reserves established from bond proceeds shall have been
remedied.On the first day of each month commencing after October of 1985, moneys,
if any, on deposit in the Metropolitan Fair and Exposition Authority Completion
Note Subordinate Fund shall, subject to appropriation by law, be paid in full
to the Authority or upon its direction to the trustee or trustees for bond
holders of bonds issued by the Metropolitan Pier and Exposition Authority
subsequent to September of 1985 which by their terms are payable from moneys
received from the Metropolitan Fair and Exposition Authority Completion
Note Subordinate Fund for the purposes specified in the first paragraph
of this Section and in Section 10.1 of this Act, such trustee or
trustees having been designated pursuant
to ordinance of the Authority, until an amount equal to 100% of the aggregate
amount of such principal and interest in such fiscal year, including pursuant
to sinking fund requirements, has been so paid and deficiencies in reserves
established from bond proceeds shall have been remedied.The State of Illinois pledges to and agrees with the holders of
the bonds of the Metropolitan Pier and Exposition Authority issued pursuant
to this Section that the State will not limit or alter the rights and
powers vested in the Metropolitan Pier and Exposition Authority by this Act
so as to impair the terms of any contract made by the Metropolitan Pier and
Exposition Authority with such holders or in any way impair the rights and
remedies of such holders until such bonds, together with interest thereon,
with interest on any unpaid installments of interest, and all costs and
expenses in connection with any action or proceedings by or on behalf of
such holders, are fully met and discharged. In addition, the State pledges
to and agrees with the holders of the bonds of the Metropolitan Pier and
Exposition Authority issued pursuant to this Act that the State will not
limit or alter the basis on which State funds are to be paid to the
Metropolitan Pier and Exposition Authority as provided in this Act, or the
use of such funds, so as to impair the terms of any such contract. The
Metropolitan Pier and Exposition Authority is authorized to include these
pledges and agreements of the State in any contract with the holders of
bonds issued pursuant to this Section.The State shall not be liable on bonds of the Metropolitan Pier and
Exposition Authority issued under this Act, and such bonds shall
not be a debt of the State, nor shall this Act be construed as a guarantee
by the State of the debts of the Metropolitan Pier and Exposition Authority.
The bonds shall contain a statement to such effect on the face thereof.(Source: P.A. 94-793, eff. 5-19-06.)

70 ILCS 210/13.2

(70 ILCS 210/13.2)(from Ch. 85, par. 1233.2)Sec. 13.2. The McCormick Place Expansion Project Fund is created in
the State Treasury. All moneys in the McCormick Place Expansion Project
Fund are allocated to and shall be appropriated and used only for the
purposes authorized by and subject to the limitations and conditions of
this Section. Those amounts may be appropriated by law to
the Authority
for the purposes of paying the debt service requirements on all bonds and
notes, including bonds and notes issued to refund or advance
refund bonds and notes issued under this Section, Section 13.1, or issued to refund or
advance refund bonds and notes otherwise issued under this Act, (collectively
referred to as
"bonds") to be issued by the Authority under this Section in an aggregate
original principal amount (excluding the amount of any bonds and
notes issued to refund or advance refund bonds or notes issued under this
Section and Section 13.1) not to exceed $2,557,000,000 for the purposes
of
carrying out and
performing its duties and exercising its powers under this Act.
The increased debt authorization provided by this amendatory Act of the 96th General Assembly shall be used solely for the purpose of: (i) hotel construction and related necessary capital improvements; (ii) other needed capital improvements to existing facilities; and (iii) land acquisition for and construction of one multi-use facility on property bounded by East Cermak Road on the south, East 21st Street on the north, South Indiana Avenue on the west, and South Prairie Avenue on the east in the City of Chicago, Cook County, Illinois. No bonds issued to refund or advance refund bonds issued under this Section may mature later than
40 years from the date of issuance of the refunding or advance refunding bonds. After the aggregate original principal
amount of
bonds authorized in this Section has been issued, the
payment of any
principal amount of such bonds does not authorize the issuance of
additional bonds (except refunding bonds). Any bonds and notes issued under this Section in any year in which there is an outstanding "post-2010 deficiency amount" as that term is defined in Section 13 (g)(3) of this Act shall provide for the payment to the State Treasurer of the amount of that deficiency. On the first day of each month commencing after July 1, 1993, amounts, if
any, on deposit in the McCormick Place Expansion Project Fund shall,
subject to appropriation, be paid in full to the Authority or, upon its
direction, to the trustee or trustees for bondholders of bonds that by
their terms are payable from the moneys received from the McCormick Place
Expansion Project Fund, until an amount equal to 100% of the
aggregate amount of the principal and interest in the fiscal year,
including that pursuant to sinking fund requirements, has been so paid and
deficiencies in reserves shall have been remedied.The State of Illinois pledges to and agrees with the holders of the bonds
of the Metropolitan Pier and Exposition Authority issued under this
Section that the State will not limit or alter the rights and powers vested
in the Authority by this Act so as to impair the terms of any contract made
by the Authority with those holders or in any way impair the rights and
remedies of those holders until the bonds, together with interest thereon,
interest on any unpaid installments of interest, and all costs and
expenses in connection with any action or proceedings by or on behalf of
those holders are fully met and discharged; provided that any increase in
the Tax Act Amounts specified in Section 3 of the Retailers' Occupation Tax
Act, Section 9 of the Use Tax Act, Section 9 of the Service Use Tax Act,
and Section 9 of the Service Occupation Tax Act required to be deposited
into the Build Illinois Bond Account in the Build Illinois Fund pursuant to
any law hereafter enacted shall not be deemed to impair the rights of such
holders so long as the increase does not result in the aggregate debt
service payable in the current or any future fiscal year of the State on
all bonds issued pursuant to the Build Illinois Bond Act and the
Metropolitan Pier and Exposition Authority Act and payable from tax
revenues specified in Section 3 of the Retailers' Occupation Tax Act,
Section 9 of the Use Tax Act, Section 9 of the Service Use Tax Act, and
Section 9 of the Service Occupation Tax Act exceeding 33 1/3% of such tax
revenues for the most recently completed fiscal year of the State at the
time of such increase. In addition, the State pledges to and agrees with
the holders of the bonds of the Authority issued under this Section that
the State will not limit or alter the basis on which State funds are to be
paid to the Authority as provided in this Act or the use of those funds so
as to impair the terms of any such contract; provided that any increase in
the Tax Act Amounts specified in Section 3 of the Retailers' Occupation Tax
Act, Section 9 of the Use Tax Act, Section 9 of the Service Use Tax Act,
and Section 9 of the Service Occupation Tax Act required to be deposited
into the Build Illinois Bond Account in the Build Illinois Fund pursuant to
any law hereafter enacted shall not be deemed to impair the terms of any
such contract so long as the increase does not result in the aggregate debt
service payable in the current or any future fiscal year of the State on
all bonds issued pursuant to the Build Illinois Bond Act and the
Metropolitan Pier and Exposition Authority Act and payable from tax
revenues specified in Section 3 of the Retailers' Occupation Tax Act,
Section 9 of the Use Tax Act, Section 9 of the Service Use Tax Act, and
Section 9 of the Service Occupation Tax Act exceeding 33 1/3% of such tax
revenues for the most recently completed fiscal year of the State at the
time of such increase. The Authority is authorized to include these pledges
and agreements with the State in any contract with the holders of bonds
issued under this Section.The State shall not be liable on bonds of the Authority issued under this
Section those bonds shall not be a debt of the State, and this Act shall
not be construed as a guarantee by the State of the debts of the Authority.
The bonds shall contain a statement to this effect on the face of the bonds.(Source: P.A. 98-109, eff. 7-25-13.)

70 ILCS 210/14

(70 ILCS 210/14)(from Ch. 85, par. 1234)Sec. 14. Board; compensation. The governing and administrative body of the Authority shall be a
board known as the Metropolitan Pier and Exposition Board. On the effective date of this amendatory Act of the 96th General Assembly, the Trustee shall assume the duties and powers of the Board for a period of 18 months or until the Board is fully constituted, whichever is later. Any action requiring Board approval shall be deemed approved by the Board if the Trustee approves the action in accordance with Section 14.5. Beginning the first Monday of the month occurring 18 months after the effective date of this amendatory Act of the 96th General Assembly, the Board shall consist of 9 members. The Governor shall appoint 4 members to the Board, subject to the advice and consent of the Senate. The Mayor shall appoint 4 members to the Board. At least one member of the Board shall represent the interests of labor and at least one member of the Board shall represent the interests of the convention industry. A majority of the members appointed by the Governor and Mayor shall appoint a ninth member to serve as the chairperson. The Board shall be fully constituted when a quorum has been appointed. The members of
the board shall be individuals of generally recognized ability and
integrity. No member of the Board may be (i) an
officer or employee of, or a member of a board, commission or authority of,
the State, any unit of local government or any school district or (ii) a person who served on the Board prior to the effective date of this amendatory Act of the 96th General Assembly.Of the initial members appointed by the Governor, one shall serve for a term expiring June 1, 2013, one shall serve for a term expiring June 1, 2014, one shall serve for a term expiring June 1, 2015, and one shall serve for a term expiring June 1, 2016, as determined by the Governor. Of the initial members appointed by the Mayor, one shall serve for a term expiring June 1, 2013, one shall serve for a term expiring June 1, 2014, one shall serve for a term expiring June 1, 2015, and one shall serve for a term expiring June 1, 2016, as determined by the Mayor. The initial chairperson appointed by the Board shall serve a term for a term expiring June 1, 2015. Successors shall be appointed to 4-year terms. No person may be appointed to more than 2 terms. Members of the Board shall serve without compensation, but shall be reimbursed for actual
expenses incurred by them in the performance of their duties. All members of
the Board and employees of the Authority are subject to the Illinois
Governmental Ethics Act, in accordance with its terms.(Source: P.A. 96-882, eff. 2-17-10; 96-898, eff. 5-27-10.)

70 ILCS 210/14.2

(70 ILCS 210/14.2)Sec. 14.2. Ethical conduct.(a) The Trustee, members of the interim board, members of the Board, and all employees of the Authority shall comply with the provisions of the Illinois Governmental Ethics Act and carry out duties and responsibilities in a manner that preserves the public trust and confidence in the Authority. The Trustee, members of the interim board, members of the Board, and all employees of the Authority, including the spouse and immediate family members of such person shall not:(1) use or attempt to use their position to secure

or attempt to secure any privilege, advantage, favor, or influence for himself or herself or others;

(2) accept for personal use any gift, gratuity,

service, compensation, travel, lodging, or thing of value, with the exception of unsolicited items of an incidental nature, from any person, corporation, or entity doing business with the Authority;

(3) hold or pursue employment, office, position,

business, or occupation that may conflict with his or her official duties;

(4) influence any person or corporation doing

business with the Authority to hire or contract with any person or corporation for any compensated work;

(5) engage in any activity that constitutes a

conflict of interest; or

(6) have a financial interest, directly or

indirectly, in any contract or subcontract for the performance of any work for the Authority or a party to a contract with the Authority, except this does not apply to an interest in any such entity through an indirect means, such as through a mutual fund.

(b) The Board shall develop an annual ethics training program for members of the Board and all employees of the Authority. (c) No Trustee, member on the interim board, Board, or an employee of the Authority, or spouse or immediate family member living with such person, shall, within a period of one year immediately after termination of service or employment, knowingly accept employment or receive compensation or fees for services from a person or entity if the Trustee, member, or employee participated personally or substantially in the award of a contract to that person or entity or in making a licensing decision with regard to that person or entity. Nothing in this amendatory Act of the 96th General Assembly shall preclude an employee of the Authority from accepting employment from the private manager contracted to operate the Authority, provided the employee did not participate personally or substantially in the award of the contract to the private manager. (d) Notwithstanding any other provision of this Act, the Authority shall not enter into an agreement for consulting services with or provide compensation or fees for consulting services to the chief executive officer on April 1, 2010, a member of the interim board on April 1, 2010, or any member of the interim board or Board appointed on or after the effective date of this amendatory Act of the 96th General Assembly.(Source: P.A. 96-898, eff. 5-27-10; 96-899, eff. 5-28-10.)

70 ILCS 210/14.5

(70 ILCS 210/14.5)Sec. 14.5. Trustee of the Authority.(a) Beginning on the effective date of this amendatory Act of the 96th General Assembly, the Authority shall be governed by a Trustee for a term of 18 months or until the Board created in this amendatory Act of the 96th General Assembly appoints a chief executive officer, whichever is longer. The Trustee of the Authority shall immediately assume all duties and powers of the Board and the chief executive officer. The Trustee shall take all actions necessary to carry into effect the provisions of this Act and this amendatory Act of the 96th General Assembly. The Trustee shall receive an annual salary equal to the current salary of the chief executive officer, minus 5%.As provided in Senate Bill 28 of the 96th General Assembly, the Trustee of the Authority is James Reilly, who served as the Chief Operating Officer of the Authority from 1989 to 1999, served as the Chief Operating Officer of the Chicago Convention and Tourism Bureau from 1999 to 2004, and served as Chairman of the Regional Transportation Authority Board. James Reilly may be removed as Trustee only by a joint resolution of the General Assembly approved by a majority of members elected to each chamber; and the General Assembly shall thereupon notify the Governor, Trustee, and interim board upon the adoption of a joint resolution creating a vacancy in the position of Trustee of the Authority. (a-5) In the case of a vacancy in the office of Trustee of the Authority, the Governor, with the advice and consent of the Senate, shall appoint a Trustee within 5 calendar days. If the vacancy occurs during a recess of the Senate, the Governor shall make a temporary appointment within 5 calendar days and the person shall serve until the next meeting of the Senate, when the Governor shall nominate some person to fill the office of Trustee. Any person so nominated who is confirmed by the Senate shall hold the office of Trustee during the remainder of the term as provided for in this Section.Any Trustee of the Authority appointed by the Governor, with the advice and consent of the Senate, shall be subject to the Governor's removal power provided for under Section 10 of Article V of the Illinois Constitution.(a-10) If the Trustee of the Authority, or the guardian of his or her estate and person, notifies the Governor that he or she is unable to perform the duties vested by law in the Trustee, then the Governor may designate some person as acting Trustee to execute and discharge those duties. When the Trustee of the Authority is prepared to resume his or her duties, he or she, or the guardian of his or her estate and person, shall do so by notifying the Governor.(b) It shall be the duty of the Trustee:(1) to ensure the proper administration of the

Authority;

(2) to submit to the interim board monthly reports

detailing actions taken and the general status of the Authority;

(3) to report to the General Assembly and Governor

no later than January 1, 2011, whether Navy Pier should remain within the control of the Authority or serve as an entity independent from the Authority;

(4) to enter into an agreement with a contractor or

private manager to operate the buildings and facilities of the Authority, provided that the agreement is procured using a request for proposal process in accordance with the Illinois Procurement Code;

(5) to enter into any agreements to license naming

rights of any building or facility of the Authority, provided the Trustee determines such an agreement is in the best interest of the Authority;

(6) to ensure the proper implementation,

administration, and enforcement of Section 5.4 of this Act; and

(7) to ensure that any contract of the Authority to

provide food or beverage in the buildings and facilities of the Authority, except Navy Pier, shall be provided at a rate not to exceed the cost established in the contract.

(c) The Trustee shall notify the interim board prior to entering into an agreement for a term of more than 24 months or with a total value in excess of $100,000. Notification shall include the purpose of the agreement, a description of the agreement, disclosure of parties to the agreement, and the total value of the agreement. Within 10 days after receiving notice, the interim board may prohibit the Trustee from entering into the agreement by a resolution approved by at least 5 members of the interim board. The interim board may veto any other action of the Trustee by a resolution approved by at least 5 members of the interim board, provided that the resolution is adopted within 30 days after the action. (d) Any provision of this Act that requires approval by the Chair of the Board or at least the approval of a majority of the Board shall be deemed approved if the Trustee approves the action, subject to the restrictions in subsection (c). (Source: P.A. 96-898, eff. 5-27-10; 96-899, eff. 5-28-10.)

70 ILCS 210/15

(70 ILCS 210/15)(from Ch. 85, par. 1235)Sec. 15. Interim board members. (a) Notwithstanding any provision of this Section to the contrary, the term of office of each interim member of the Board ends on the effective date of this amendatory Act of the 96th General Assembly.
(b) Within 30 days after the effective date of this amendatory Act of the 96th General Assembly, the interim board shall consist of 7 members. The Governor shall appoint 3 interim members to the Board, subject to the advice and consent of the Senate. The Mayor shall appoint 3 members to the interim board. At least one member of the interim board shall represent the interests of labor and at least one member of the interim board shall represent the interests of the convention industry. A majority of the members appointed by the Governor and Mayor shall appoint a seventh member to serve as the chairperson. No member of the interim board may be (i) an officer or employee of or a member of a Board, commission, or authority of the State, any unit of local government, or any school district or (ii) a person who served on the interim board or Board prior to the effective date of this amendatory Act of the 96th General Assembly. A vacancy shall be filled in the same manner as an original appointment. (c) The interim board members shall serve until the new Board created in Section 14 is fully constituted.The Governor and the Mayor of the City of
Chicago shall certify their respective appointees to the Secretary of
State. Within 30 days after certification of his or her appointment, and
before entering upon the duties of his or her office, each member of the Board
shall take and subscribe the constitutional oath of office and file it in
the office of the Secretary of State.(Source: P.A. 96-882, eff. 2-17-10; 96-898, eff. 5-27-10.)

70 ILCS 210/16

(70 ILCS 210/16)(from Ch. 85, par. 1236)Sec. 16. Vacancies. Members of the board shall hold office until their respective
successors have been appointed and qualified. Any member may resign from
his or her office, to take effect when his or her successor has been appointed and has
qualified. The Governor and the Mayor of the City of Chicago, respectively,
may remove any member of the Board appointed by him or her in case of
incompetency, neglect of duty, or malfeasance in office, after service on
him or her of a copy of the written charges against him or her and an opportunity to be
publicly heard in person or by counsel in his or her own defense upon not less
than ten days' notice. In case of failure to qualify within the time
required, or of abandonment of his or her office, or in case of death, conviction
of a felony or removal from office, his or her office shall become vacant. Vacancies shall be filled in the same manner as original appointments.(Source: P.A. 96-882, eff. 2-17-10.)

70 ILCS 210/17

(70 ILCS 210/17)(from Ch. 85, par. 1237)Sec. 17. As soon as practicably possible after the effective date of
this amendatory Act of 1989, the members of the Board shall organize
for the transaction of business, select a temporary secretary-treasurer
from its own number, and adopt by-laws and regulations to govern its
proceedings.(Source: P.A. 86-17.)

70 ILCS 210/18

(70 ILCS 210/18)(from Ch. 85, par. 1238)Sec. 18. Regular meetings of the Board shall be held at least once in each
calendar month, the time and place of such meetings to be fixed by the
Board. All action and meetings of the Board and its committees shall be subject to the
provisions of the Open Meetings Act. A majority
of the statutorily
authorized members of the Board shall
constitute a quorum for the transaction of business.
All action of the Board shall be by rule, regulation, ordinance or
resolution and the affirmative vote of at least a majority
of the
statutorily authorized members shall be
necessary for the adoption of any rule, regulation, ordinance or
resolution.
All rules, regulations, ordinances, resolutions and all
proceedings of the Authority and all
documents and records in its possession shall be public records, and open
to public inspection, except such documents and records as shall be kept or
prepared by the Board for use in negotiations, action or proceedings to
which the Authority is a party.
All records of the Authority shall be subject to the provisions of the
Illinois Freedom of Information Act.(Source: P.A. 84-1027.)

70 ILCS 210/19

(70 ILCS 210/19)(from Ch. 85, par. 1239)Sec. 19. The Board shall appoint a secretary-treasurer, who need not
be a member of the board, to hold office during the pleasure of the Board,
and fix his duties and compensation. Before entering upon the
duties of the office he shall take and subscribe the constitutional
oath of office, and shall execute a bond with corporate
sureties to be approved by the Board. The bond shall be payable to the
Authority in whatever penal sum may be directed upon the faithful
performance of the duties to the office and the payment of all money
received by him according to law and the orders of the Board. The Board
may, at any time, require a new bond from the secretary-treasurer in such
penal sum as may then be determined by the Board. The obligation of the
sureties shall not extend to any loss sustained by the insolvency, failure
or closing of any savings and loan association or national or State bank
wherein the secretary-treasurer has deposited
funds if the bank or savings and loan association has been approved
by the Board as a depositary for these
funds. The oath of office and the secretary-treasurer's bond shall
be filed in the principal office of the Authority.(Source: P.A. 86-17.)

70 ILCS 210/20

(70 ILCS 210/20)(from Ch. 85, par. 1240)Sec. 20. Except as otherwise provided in this Section, all funds deposited by
the secretary-treasurer in any bank or savings and loan association shall be
placed in the name of the Authority and shall be withdrawn or paid out only by
check or draft upon the bank or savings and loan association according to
procedures adopted by the Board.Notwithstanding any other provision of this Section, the Board may
designate any of its members or any officer or employee of the Authority to
authorize the wire transfer of funds deposited by the secretary-treasurer in a
bank or savings and loan association.No bank or savings and loan association shall receive public funds as
permitted by this Section, unless it has complied with the requirements
established pursuant to Section 6 of "An Act relating to certain investments
of public funds by public agencies", approved July 23, 1943, as now or
hereafter amended.(Source: P.A. 90-612, eff. 7-8-98.)

70 ILCS 210/21

(70 ILCS 210/21)(from Ch. 85, par. 1241)Sec. 21. In case any officer whose signature appears upon any check or
draft, issued pursuant to this Act, ceases (after attaching his signature)
to hold his office before the delivery thereof to the payee, his signature
nevertheless shall be valid and sufficient for all purposes with the same
effect as if he had remained in office until delivery thereof.(Source: Laws 1955, p. 1125.)

70 ILCS 210/22

(70 ILCS 210/22)(from Ch. 85, par. 1242)Sec. 22. Chief executive officer. (a) The chief executive
officer of the Authority
shall be responsible for the management of the properties, business and
employees of the authority, shall direct the enforcement of all ordinances,
resolutions, rules and regulations of the Board, and shall perform such
other duties as may be prescribed from time to time by the Board. The
chief executive officer, in his discretion, may make recommendations to the
Board with respect to appointments pursuant to this Section 22, contracts
and policies and procedures. Any officers, attorneys, engineers,
consultants, agents and employees appointed in accordance with this Section
22 shall report to the chief executive officer.(b) The Board may appoint other officers who are subject to the
general control of the Board and who are subordinate to the chief executive
officer. The
Board shall provide for the appointment of such other officers, attorneys,
engineers, consultants, agents and employees as may be necessary. It shall
define their duties and require bonds of such of them as the Board may
designate.(c) The chief executive officer and other officers appointed by the
Board pursuant to this
Section shall be exempt from taking and subscribing any oath of office and
shall not be members of the Board. The compensation of the chief executive
officer and all other
officers, attorneys, consultants, agents and employees shall be fixed by
the Board.(d) The Board shall adopt a personnel code governing the Authority's
employment, evaluation, promotion and discharge of employees. Such code
may be modeled after the standards and procedures found in the Personnel Code,
including provisions for (i) competitive examinations, (ii) eligibility
lists for appointment and promotion, (iii) probationary periods and
performance records, (iv) layoffs, discipline and discharges, and (v) such
other matters, not inconsistent with law, as may be necessary for the
proper and efficient operation of the Authority and its facilities.The Authority shall conduct an annual review of (i) the performance of
the officers appointed by the Board who are subordinate to the chief
executive officer
and (ii) the
services provided by outside attorneys, construction managers,
or consultants who have been retained by, or performed services for, the
Authority during the previous twelve month period.(e) Notwithstanding any provision of this Act to the contrary, the position of chief executive officer ends on the effective date of this amendatory Act of the 96th General Assembly. The Trustee shall assume all of the responsibilities of the chief executive officer. The Board created by this amendatory Act of the 96th General Assembly shall appoint a chief executive officer, provided the chief executive officer shall not be appointed until the Trustee has served a term of 18 months. (Source: P.A. 96-898, eff. 5-27-10.)

70 ILCS 210/22.1

(70 ILCS 210/22.1)(from Ch. 85, par. 1242.1)Sec. 22.1. The Authority shall pass all ordinances and make all rules
and regulations necessary to assure equal access for economically
disadvantaged persons, including but not limited to persons eligible for
assistance pursuant to the Job Training Partnership Act, to all positions of
employment provided for by the Authority pursuant to Section 22 and to all
positions of employment with any person performing any work for the
Authority. The Authority shall submit a detailed employment report not
later than March 1 of each year to the General Assembly.
The Department of Commerce and Economic Opportunity shall monitor the Authority's compliance with this Section.(Source: P.A. 94-793, eff. 5-19-06.)

70 ILCS 210/23

(70 ILCS 210/23)(from Ch. 85, par. 1243)Sec. 23. The Board shall have power to pass all ordinances and make all
rules and regulations proper or necessary to carry into effect the powers
granted to the Authority, with such fines or penalties as may be deemed
proper. All fines and penalties shall be imposed by ordinance, which shall
be published in a newspaper of general circulation published in the area
embraced by the Authority. No such ordinance shall take effect until ten
days after its publication.(Source: Laws 1955, p. 1125.)

70 ILCS 210/23.1

(70 ILCS 210/23.1)(from Ch. 85, par. 1243.1)Sec. 23.1. Affirmative action. (a) The Authority shall, within 90 days after the effective
date of this amendatory Act of 1984, establish and maintain an affirmative
action program designed to promote equal employment opportunity and
eliminate the effects of past discrimination. Such program shall include a
plan, including timetables where appropriate, which shall specify goals
and methods for increasing participation by women and minorities in
employment, including employment related to the planning, organization, and staging of the games, by the Authority and by parties which contract with the Authority.
The Authority shall submit a detailed plan with the General Assembly prior
to September 1 of each year. Such program shall also establish procedures and
sanctions (including debarment), which the Authority shall enforce to
ensure compliance with the plan established pursuant to this Section and
with State and federal laws and regulations relating to the employment of
women and minorities. A determination by the Authority as to whether a
party to a contract with the Authority has achieved the goals or employed
the methods for increasing participation by women and minorities shall be
determined in accordance with the terms of such contracts or the applicable
provisions of rules and regulations of the Authority existing at the time
such contract was executed, including any provisions for consideration of
good faith efforts at compliance which the Authority may reasonably adopt.(b) The Authority shall adopt and maintain minority and
female owned business enterprise procurement programs under the affirmative
action program described in subsection (a) for any and all work, including all contracting related to the planning, organization, and staging of the games, undertaken
by the Authority. That work shall include, but is not limited to, the
purchase of professional services, construction services, supplies,
materials, and equipment. The programs shall establish goals of awarding
not less than 25% of the annual dollar value of all contracts, purchase
orders, or other agreements (collectively referred to as "contracts") to
minority owned businesses and 5% of the annual dollar value of all
contracts to female owned businesses. Without limiting the generality of
the foregoing, the programs shall require in connection with the
prequalification or consideration of vendors for professional service
contracts, construction contracts, and contracts for supplies, materials,
equipment, and services that each proposer or bidder submit as part of his
or her proposal or bid a commitment detailing how he or she will expend 25%
or more of the dollar value of his or her contracts with one or more
minority owned businesses and 5% or more of the dollar value with one or
more female owned businesses. Bids or proposals that do not include such
detailed commitments are not responsive and shall be rejected unless the
Authority deems it appropriate to grant a waiver of these requirements. In
addition the Authority may, in connection with the selection of providers
of professional services, reserve the right to select a minority or female
owned business or businesses to fulfill the commitment to minority and
female business participation. The commitment to minority and female
business participation may be met by the contractor or professional service
provider's status as a minority or female owned business, by joint venture
or by subcontracting a portion of the work with or purchasing materials for
the work from one or more such businesses, or by any combination thereof.
Each contract shall require the contractor or provider to submit a
certified monthly report detailing the status of that contractor or
provider's compliance with the Authority's minority and female owned
business enterprise procurement program. The Authority, after reviewing
the monthly reports of the contractors and providers, shall
compile a comprehensive report regarding compliance with this procurement
program and file it quarterly with the General Assembly. If, in connection
with a particular contract, the Authority determines that it is
impracticable or excessively costly to obtain minority or female owned
businesses to perform sufficient work to fulfill the commitment required by
this subsection, the Authority shall reduce or waive the commitment in the
contract, as may be appropriate. The Authority shall establish rules and
regulations setting forth the standards to be used in determining whether
or not a reduction or waiver is appropriate. The terms "minority owned
business" and "female owned business" have the meanings given to those
terms in the Business Enterprise for Minorities,
Females, and Persons with Disabilities Act.(c) The Authority shall adopt and maintain an affirmative
action program in connection with the hiring
of minorities and women on the Expansion Project and on any and all
construction projects, including all contracting related to the planning, organization, and staging of the games, undertaken by the Authority. The program shall be
designed to promote equal employment opportunity and shall specify the
goals and methods for increasing the participation of minorities and women
in a representative mix of job classifications required to perform the
respective contracts awarded by the Authority.(d) In connection with the Expansion Project, the Authority shall
incorporate the following elements into its minority and female owned
business procurement programs to the extent feasible: (1) a major
contractors program that permits minority owned businesses and female owned
businesses to bear significant responsibility and risk for a portion of the
project; (2) a mentor/protege program that provides financial, technical,
managerial, equipment, and personnel support to minority owned businesses
and female owned businesses; (3) an emerging firms program that includes
minority owned businesses and female owned businesses that would not
otherwise qualify for the project due to inexperience or limited resources;
(4) a small projects program that includes participation by smaller
minority owned businesses and female owned businesses on jobs where the
total dollar value is $5,000,000 or less; and (5) a set-aside program that
will identify contracts requiring the expenditure of funds less than
$50,000 for bids to be submitted solely by minority owned businesses and
female owned businesses.(e) The Authority is authorized to enter into agreements with
contractors' associations, labor unions, and the contractors working on the
Expansion Project to establish an Apprenticeship Preparedness Training
Program to provide for an increase in the number of minority and female
journeymen and apprentices in the building trades and to enter into
agreements with Community College District 508 to provide readiness training.
The Authority is further authorized to enter into contracts with public and
private educational institutions and persons in the hospitality industry to
provide training for employment in the hospitality industry.(f) McCormick Place Advisory Board. There is created a McCormick Place
Advisory Board composed as follows:
2 members shall be appointed by the Mayor of Chicago;
2 members shall be appointed by the Governor;
2 members shall be State Senators appointed by the President of the Senate;
2 members shall be State Senators appointed by the Minority Leader of the
Senate;
2 members shall be State Representatives appointed by the Speaker of the House
of Representatives; and
2 members shall be State Representatives appointed by the Minority Leader of
the House of Representatives.
The terms of all previously appointed members of the Advisory Board expire on
the effective date of this amendatory Act of the 92nd General Assembly. A
State Senator or State Representative member may appoint a designee to serve
on the McCormick Place Advisory Board in his or her absence.A "member of a minority group" shall mean a person who is a citizen or
lawful permanent resident of the United States and who is any of the following: (1) American Indian or Alaska Native (a person having

origins in any of the original peoples of North and South America, including Central America, and who maintains tribal affiliation or community attachment).

(2) Asian (a person having origins in any of the

original peoples of the Far East, Southeast Asia, or the Indian subcontinent, including, but not limited to, Cambodia, China, India, Japan, Korea, Malaysia, Pakistan, the Philippine Islands, Thailand, and Vietnam).

(3) Black or African American (a person having

origins in any of the black racial groups of Africa). Terms such as "Haitian" or "Negro" can be used in addition to "Black or African American".

(4) Hispanic or Latino (a person of Cuban, Mexican,

Puerto Rican, South or Central American, or other Spanish culture or origin, regardless of race).

(5) Native Hawaiian or Other Pacific Islander (a

person having origins in any of the original peoples of Hawaii, Guam, Samoa, or other Pacific Islands).

Members of the McCormick Place Advisory Board shall serve 2-year terms
and until their successors are appointed, except members who serve as a
result of their elected position whose terms shall continue as long as
they hold their designated elected positions. Vacancies shall be filled by
appointment for the unexpired term in the same manner as original
appointments are made. The McCormick Place Advisory Board shall elect
its own chairperson.Members of the McCormick Place Advisory Board shall serve without
compensation but, at the Authority's discretion, shall be reimbursed for
necessary expenses in connection with the performance of their duties.The McCormick Place Advisory Board shall meet quarterly, or as needed,
shall produce any reports it deems necessary, and shall:(1) Work with the Authority on ways to improve the

area physically and economically;

(2) Work with the Authority regarding potential means

for providing increased economic opportunities to minorities and women produced indirectly or directly from the construction and operation of the Expansion Project;

(3) Work with the Authority to minimize any potential

impact on the area surrounding the McCormick Place Expansion Project, including any impact on minority or female owned businesses, resulting from the construction and operation of the Expansion Project;

(4) Work with the Authority to find candidates for

building trades apprenticeships, for employment in the hospitality industry, and to identify job training programs;

(5) Work with the Authority to implement the

provisions of subsections (a) through (e) of this Section in the construction of the Expansion Project, including the Authority's goal of awarding not less than 25% and 5% of the annual dollar value of contracts to minority and female owned businesses, the outreach program for minorities and women, and the mentor/protege program for providing assistance to minority and female owned businesses.

(g) The Authority shall comply with subsection (e) of Section 5-42 of the Olympic Games and Paralympic Games (2016) Law. For purposes of this Section, the term "games" has the meaning set forth in the Olympic Games and Paralympic Games (2016) Law. (Source: P.A. 96-7, eff. 4-3-09; 97-396, eff. 1-1-12.)

70 ILCS 210/24

(70 ILCS 210/24)(from Ch. 85, par. 1244)Sec. 24. All contracts for the sale of property of the value of more
than $10,000 or for any concession in or lease of property of
the Authority
for a term of more than one year shall be awarded to the highest
responsible bidder, after advertising for bids, except as may be
otherwise authorized by this Act. All
construction
contracts, when the cost will exceed $30,000, and contracts for supplies,
materials, equipment and services,
when the cost thereof will exceed $10,000, shall be let to the
lowest
responsible bidder, after advertising for bids, excepting (1) when repair
parts, accessories, equipment or services are required for equipment or
services previously furnished or contracted for, (2) professional services
contracted for in accordance with Section 25.1 of this Act, (3) when
services such as water, light, heat, power, telephone (other than
long-distance service) or telegraph are required, (4) when contracts
for the use, purchase, delivery, movement, or installation of data
processing equipment, software, or services and telecommunications
equipment, software, and services are required, and (5) when the immediate
delivery of supplies, materials, equipment, or services is required and (i) the
chief executive officer determines that an emergency situation exists; (ii) the
contract accepted is based on the lowest responsible bid after the Authority
has made a diligent effort to solicit multiple bids by telephone, facsimile, or
other
efficient means; and (iii) the chief executive officer submits a report at the
next regular Board meeting, to be ratified by the Board and entered into the
official record, stating the chief executive officer's reason for declaring an
emergency situation, the names of the other parties solicited and their bids,
and a copy of the contract awarded.All construction contracts involving less than $30,000 and all other
contracts involving less than $10,000 shall be let by
competitive
bidding whenever possible, and in any event in a manner calculated to
insure the best interests of the public.Each bidder shall disclose in his bid the name of each individual having
a beneficial interest, directly or indirectly, of more than 7 1/2% in such
bidding entity and, if such bidding entity is a corporation, the names of
each of its officers and directors. The bidder shall notify the Board of
any changes in its ownership or its officers or directors at the time such
changes occur if the change occurs during the pendency of a proposal or a
contract.In determining the responsibility of any bidder, the Board may take into
account past record of dealings with the bidder, experience, adequacy of
equipment, ability to complete performance within the time set, and other
factors besides financial responsibility, but in no case shall any such
contracts be awarded to any other than the highest bidder (in case of sale
or concession or lease) or the lowest bidder (in case of purchase or
expenditure) unless authorized or approved by a vote of at least
three-fourths of the members of the Board, and unless such action is
accompanied by a statement in writing setting forth the reasons for not
awarding the contract to the highest or lowest bidder, as the case may be,
which statement shall be kept on file in the principal office of the
Authority and open to public inspection.From the group of responsible bidders the lowest bidder shall be
selected in the following manner: to all bids for sales the gross receipts
of which are not taxable under the "Retailers' Occupation Tax Act",
approved June 28, 1933, as amended, there shall be added an amount equal
to the tax which would be payable under said Act, if applicable, and the
lowest in amount of said adjusted bids and bids for sales the gross
receipts of which are taxable under said Act shall be considered the lowest
bid; provided, that, if said lowest bid relates to a sale not taxable under
said Act, any contract entered into thereon shall be in the amount of the
original bid not adjusted as aforesaid.Contracts shall not be split into parts involving expenditures of less
than $10,000 (or $30,000 in the case of construction contracts)
for the purposes of avoiding the provisions of this
Section, and
all such split contracts shall be void. If any collusion occurs among
bidders or prospective bidders in restraint of freedom of competition, by
agreement to bid a fixed amount or to refrain from bidding, or otherwise,
the bids of such bidders shall be void. Each bidder shall accompany his bid
with a sworn statement that he has not been a party to any such agreement.The Board shall have the right to reject all bids and to readvertise for
bids. If after any such readvertisement no responsible and satisfactory
bid, within the terms of the advertisement, shall be received, the Board
may award such contract without competitive bidding, provided that it shall
not be less advantageous to the Authority than any valid bid received
pursuant to advertisement.The Board shall adopt rules and regulations of general application
within 90 days of the effective date of this amendatory Act of 1985 to
carry into effect the provisions of this Section.(Source: P.A. 91-422, eff. 1-1-00.)

70 ILCS 210/25

(70 ILCS 210/25)(from Ch. 85, par. 1245)Sec. 25. Advertisements for bids and rebids required to be conducted
under the provisions of Section 24 shall be published at least 3 times in a
daily newspaper of general circulation published in the metropolitan area
and in the official newspaper of the State of Illinois designated under
Section 4 of the Illinois Purchasing Act,
the last publication to be at least ten calendar days before the time for
receiving bids, and such advertisements shall also be posted on readily
accessible bulletin boards in the principal office of the Authority. Such
advertisements shall state the time and place for receiving and opening of
bids, and by reference to plans and specifications on file at the time of
the first publication, or in the advertisement itself, shall describe the
character of the proposed contract in sufficient detail to fully advise
prospective bidders of their obligations and to insure free and open
competitive bidding.All bids in response to advertisements shall be sealed and shall be
publicly opened by the Board, and all bidders shall be entitled to be
present in person or by representatives. Cash or a certified or
satisfactory cashier's check, as a deposit of good faith, in a reasonable
amount to be fixed by the Board before advertising for bids, shall be
required with the proposal of each bidder. Bond for faithful performance of
the contract with surety or sureties satisfactory to the Board and adequate
insurance may be required in reasonable amounts to be fixed by the Board
before advertising for bids.The contract shall be awarded as promptly as possible after the opening
of bids. The bid of the successful bidder, as well as the bids of the
unsuccessful bidders, shall be placed on file and be open to public
inspection. All bids shall be void if any disclosure of the terms of any
bid in response to an advertisement is made or permitted to be made by the
Board before the time fixed for opening bids.Any bidder who has submitted a bid in compliance with the requirements
for bidding may bring a civil action in any court of competent jurisdiction
in Cook County to compel compliance with the provisions of this Act
relating to the awarding of contracts by the Board.(Source: P.A. 87-733.)

70 ILCS 210/25.1

(70 ILCS 210/25.1)(from Ch. 85, par. 1245.1)Sec. 25.1. (a) This Section applies to agreements described in Section 5(h) and
contracts described in Section 5(j).(b) When the Authority proposes to enter into a contract or agreement under
this Section, the Authority shall give public notice soliciting proposals for
the contract or agreement by publication at least twice in one or more daily
newspapers in general circulation in the metropolitan area. The second notice
shall be published not less than 10 days before the date on which the Authority
expects to select the contractor. The notice shall include a general
description of the nature of the contract or agreement which the Authority is
seeking and the procedure by which a person or firm interested in the contract
or agreement may make its proposal to the Authority for consideration for the
contract or agreement.A request for proposals must be extended to a sufficient number of
prospective providers of the required services or prospective bidders to
assure that public interest in competition is adequately served.The provisions of this subsection (b) do not apply if:(1) the Authority concludes that there is a single

source of the expertise or knowledge required or that one person can clearly perform the required tasks more satisfactorily because of the person's prior work; however, this exemption shall be narrowly construed and applies only if a written report that details the reasons for the exemption is entered into the minutes of the Authority and the Chairman has authorized in writing contract negotiations with the single source; or

(2) the service is to be provided by or the agreement

is with a State agency, a federal agency, a political subdivision of the State, or a corporation organized under the General Not For Profit Corporation Act of 1986; or

(3) within 60 days of the effective date of this

amendatory Act of 1985, the Authority enters into a written contract for professional services of the same kind with any person providing such professional services as of such effective date.

A request for proposals must contain a description of the work to be
performed under the contract and the terms under which the work is to be
performed or a description of the terms of the agreement with respect to the
use or occupancy of the grounds, buildings, or facilities. A request for
proposals must contain that information necessary for a prospective contractor
or bidder to submit a response or contain references to any information that
cannot reasonably be included with the request. The request for proposals must
provide a description of the factors that will be considered by the Authority
when it evaluates the proposals received.Nothing in this subsection limits the power of the Authority to use
additional means that it may consider appropriate to notify prospective
contractors or bidders that it proposes to enter into a contract or agreement.(c) After the responses are submitted, the Authority shall evaluate them.
Each proposal received must be evaluated using the same factors as those set
out in the request for proposals.Any person that submits a response to a request for proposals under this
Section shall disclose in the response the name of each individual having a
beneficial interest directly or indirectly of more than 7 1/2% in such
person and, if such person is a corporation, the names of each of its officers
and directors. The person shall notify the Board of any changes in its
ownership or its officers or directors at the time such changes occur if the
change occurs during the pendency of a proposal or a contract.(d) All contracts and agreements under this Section, whether or not exempted
hereunder, shall be authorized and approved by the Board and shall be set forth
in a writing executed by the contractor and the Authority. No payment shall be
made under this Section until a written contract or agreement shall be so
authorized, approved and executed, provided that payments for professional
services may be made without a written contract to persons providing such
services to the Authority as of the effective date of this amendatory Act of
1985 for sixty days from such date.(e) A copy of each contract or agreement (whether or not exempted
hereunder) and the response, if any, to the request for proposals upon which
the contract was awarded must be filed with the Secretary of the Authority and
is required to be open for public inspection. The request for proposals and the
name and address of each person who submitted a response to it must also
accompany the filed copies.(Source: P.A. 96-898, eff. 5-27-10.)

70 ILCS 210/25.2

(70 ILCS 210/25.2)(from Ch. 85, par. 1245.2)Sec. 25.2. A person which has individually or in joint venture provided
the Authority with professional services respecting the feasibility or
advisability of undertaking a project that would materially change
operations or facilities shall thereafter be prohibited from
performing any work for the Authority with respect to the implementation of
such project.(Source: P.A. 84-1027.)

70 ILCS 210/25.3

(70 ILCS 210/25.3)(from Ch. 85, par. 1245.3)Sec. 25.3. (a) No person who is a member of the Board, a Trustee
appointed under Section 22, or an officer or employee of the
Authority, may be in any manner interested, either directly or indirectly,
in his own name or in the name of any other person, partnership,
association, trust or corporation, including any corporation subject to
"The Medical Corporation Act", as now or hereafter amended, and any
professional corporation organized under "The Professional Service
Corporation Act", as now or hereafter amended, or organized under any
similar law of a sister state applicable to any such corporation, in any
contract or the performance of any work of the Authority.
No such person may represent, either professionally or as agent or
otherwise, any person, partnership,
association, trust or corporation, including any corporation subject to
"The Medical Corporation Act", as now or hereafter amended, and any
professional corporation organized under "The Professional Service
Corporation Act", as now or hereafter amended, or organized under any
similar law of a sister state applicable to any such corporation,
with respect to any application or bid
for any contract or work in regard to which such person may be called upon
to vote. Nor may any such person take or receive, or offer to take or
receive, either directly or indirectly, any money or other thing of value
as a gift or bribe or means of influencing his vote or action in his
official character. Any contract made and procured in violation hereof is
void. Each person who at any time within 2 years prior to the effective
date of this amendatory Act of 1985 was a member of the Board and who at
any time after so becoming a member ceased to be a member of the Board
shall in all respects continue to be governed by and subject to the
provisions of this subsection (a) for a period of 2 years from and after
the date on which he last ceased or ceases to be a member of such Board.
In addition, the provisions of this subsection (a) shall continue to apply
equally and in all respects to each person who becomes a member of the
Board on or after the effective date of this amendatory Act of 1985 and who
thereafter ceases to be a member of the Board, and to any Trustee appointed
under Section 22 who ceases to be the Trustee, for a period of 2 years from
and after the date on which he ceases to be a member of the Board or to be
the Trustee. The foregoing provisions of this subsection (a) shall not
apply to render void or to interfere with the performance of any contract
of the Authority entered into and in effect prior to the effective date of
this amendatory Act of 1985.However any such person may provide materials, merchandise, property,
services or labor, if:(1) the contract is with a person, firm, partnership, association,
corporation, or cooperative association in which such interested person has
less than a 7 1/2% share in the ownership; and(2) such interested person publicly discloses the nature and extent of his
interest prior to or during deliberations concerning the proposed award of
the contract; and(3) such interested person, if a Board member, abstains from voting on the
award of the contract, though he shall be considered present for the
purposes of establishing a quorum; and(4) such contract is approved by a majority vote of those members presently
holding office; and(5) the contract is awarded after sealed bids to the lowest responsible
bidder if the amount of the contract exceeds $1500, or awarded without
bidding if the amount of the contract is less than $1500; and(6) the award of the contract would not cause the aggregate amount of all
such contracts so awarded to the same person, firm, association, partnership,
corporation or cooperative association in the same fiscal year to exceed $25,000.In addition to the above exemption, any such person may provide
materials, merchandise, property, services or labor if:(1) the award of the contract is approved by a majority vote of the Board
provided that any such interested member shall abstain from voting; and(2) the amount of the contract does not exceed $1000; and(3) the award of the contract would not cause the aggregate amount of all
such contracts so awarded to the same person, firm, association,
partnership, corporation or cooperative association in the same fiscal year
to exceed $2000; and(4) such person publicly discloses the nature and extent of his interest
prior to or during deliberations concerning the proposed award of the contract; and(5) such person abstains from voting on the award of the contract, though he
shall be considered present for the purposes of establishing a quorum.A contract for the procurement of public utility services with a public
utility company is not barred by this Section by any such person being an
officer or employee of the public utility company or holding an ownership
interest of no more than 7 1/2% in the public utility company. Any such
person having such
an interest shall be deemed not to have a prohibited interest under this Section.(b) Before any contract relating to the ownership or use of real
property is entered into by and between the Authority the identity of every
owner and beneficiary having any interest, real or personal, in such
property, and every shareholder entitled to receive more than 7 1/2% of the
total distributable income of any corporation having any interest, real or
personal, in such property must be disclosed. The disclosure shall be in
writing and shall be subscribed by an owner, authorized trustee, corporate
official or managing agent under oath. However, if stock in a corporation
is publicly traded and there is no readily known individual having greater
than a 7 1/2% interest, then a statement to that effect, subscribed to
under oath by an officer of the corporation or its managing agent, shall
fulfill the disclosure statement requirement of this Section. This Section
shall be liberally construed to accomplish the purpose of requiring the
identification of the actual parties benefiting from any transaction with
the Authority involving the procurement of the ownership or use of real property thereby.(c) Nothing contained in this Section, including the restrictions set
forth in subsection (a) above, shall preclude a contract of deposit of
monies, loans or other financial services by the Authority with a local
bank or local savings and loan association, regardless of whether former
Board members, Board members or officers or employees of the Authority are
interested in such
bank or savings and
loan association as a director, an officer or employee or as a holder of
less than 7 1/2% of the total ownership interest. Any such person holding
such an interest in such a contract shall not be deemed to be holding a
prohibited interest for purposes of this Act. Any such person must
publicly state the nature and extent of their interest during deliberations
concerning the proposed award of such a contract, but shall not participate
in any further deliberations concerning the proposed award. Such
interested member or members shall not vote on such proposed award. Any
Board member or members abstaining from participation in deliberations and
voting under this Section may be considered present for purposes of
establishing a quorum. Award of such a contract shall require approval by
a majority vote of those members presently holding office. Consideration
and award of any such contract in which a member
or members are interested may only be made at a regularly scheduled public
meeting of the Board.(d) Any member of
the Board, officer or employee of the Authority, or other person, who
violates any provision of this Section, is guilty of a Class 4 felony and
in addition thereto, any office or official position held by any person so
convicted shall become vacant, and shall be so declared as part of the
judgment of court.(Source: P.A. 84-1027.)

70 ILCS 210/25.4

(70 ILCS 210/25.4)Sec. 25.4. Contracts for professional services.(a) When the Authority proposes to enter into a contract or agreement for professional services, other than the marketing agreement required in Section 5.6, the Authority shall use a request for proposal process in accordance with the Illinois Procurement Code.(b) Any person that submits a response to a request for proposals under this Section shall disclose in the response the name of each individual having a beneficial interest directly or indirectly of more than 7 1/2% in such person and, if such person is a corporation, the names of each of its officers and directors. The person shall notify the Board of any changes in its ownership or its officers or directors at the time such changes occur if the change occurs during the pendency of a proposal or a contract.(c) All contracts and agreements under this Section shall be authorized and approved by the Board and shall be set forth in a writing executed by the contractor and the Authority. No payment shall be made under this Section until a written contract or agreement shall be so authorized, approved, and executed. A copy of each contract or agreement (whether or not exempted under this Section) and the response, if any, to the request for proposals upon which the contract was awarded must be filed with the Secretary of the Authority and is required to be open for public inspection.(d) This Section applies to (i) contracts in excess of $25,000 for professional services provided to the Authority, including the services of accountants, architects, attorneys, engineers, physicians, superintendents of construction, financial advisors, bond trustees, and other similar professionals possessing a high degree of skill and (ii) contracts or bond purchase agreements in excess of $10,000 with underwriters or investment bankers with respect to sale of the Authority's bonds under this Act. This Section shall not apply to contracts for professional services to be provided by, or the agreement is with, a State agency, federal agency, or unit of local government.(Source: P.A. 96-898, eff. 5-27-10; 96-899, eff. 5-28-10.)

70 ILCS 210/25.5

(70 ILCS 210/25.5)Sec. 25.5. Prohibition on political contributions.(a) Any business entity whose contracts with the Authority, in the aggregate, annually total more than $50,000, and any affiliated entities or affiliated persons of such business entity, are prohibited from making any contributions to any political committees established to promote the candidacy of (i) the officeholder responsible for awarding the contracts or (ii) any other declared candidate for that office. This prohibition shall be effective for the duration of the term of office of the incumbent officeholder awarding the contracts or for a period of 2 years following the expiration or termination of the contracts, whichever is longer.(b) Any business entity whose aggregate pending bids and proposals on contracts with the Authority total more than $50,000, or whose aggregate pending bids and proposals on contracts with the Authority combined with the business entity's aggregate annual total value of contracts with the Authority exceed $50,000, and any affiliated entities or affiliated persons of such business entity, are prohibited from making any contributions to any political committee established to promote the candidacy of the officeholder responsible for awarding the contract on which the business entity has submitted a bid or proposal during the period beginning on the date the invitation for bids or request for proposals is issued and ending on the day after the date the contract is awarded.(c) All contracts between the Authority and a business entity that violate subsection (a) or (b) shall be voidable. If a business entity violates subsection (b) 3 or more times within a 36-month period, then all contracts between the Authority and that business entity shall be void, and that business entity shall be prohibited from entering into any contract with the Authority for 3 years after the date of the last violation.(d) Any political committee that has received a contribution in violation of subsection (a) or (b) shall pay an amount equal to the value of the contribution to the State no more than 30 days after notice of the violation. Payments received by the State pursuant to this subsection shall be deposited into the McCormick Place Expansion Project Fund.(e) For purposes of this Section, the Governor and the Mayor of the City of Chicago shall each be considered the officeholder responsible for awarding contracts by the Authority. The terms "contribution", "declared candidate", "sponsoring entity", "affiliated entity", "business entity", and "executive employee" have the meanings established in Section 50-37 of the Illinois Procurement Code.(Source: P.A. 96-898, eff. 5-27-10.)

70 ILCS 210/26

(70 ILCS 210/26)(from Ch. 85, par. 1246)Sec. 26. (a)
As soon after the end of each fiscal year as
may be expedient, the
Board shall cause to be prepared and printed a complete and detailed report
and financial statement of its operations and of its assets and
liabilities. A reasonably sufficient number of copies of such report shall
be printed for distribution to persons interested, upon request, and a copy
thereof shall be filed with the Governor, the Mayor, the General
Assembly and the Park District President.
Within 6 months after the effective date of this amendatory
Act of 1985, or as soon thereafter as is possible, the Authority shall
adopt an accounting system which shall not be implemented until it has been
approved by the Auditor General as appropriate for the Authority's operations.(b) With respect to construction by the Authority funded in whole or
in part with State or borrowed funds, including the Project, the Authority shall prepare
a monthly report of the progress of construction. The report shall include
a discussion of: (1) the status of construction; (2) delays or anticipated
delays in the completion of the construction; (3) cost overruns; (4) funds
available for construction and the current construction budget;
(5) the status of the implementation of the Authority's affirmative action
program by contractor, trade and levels of skill;
and (6) any
problems, or
anticipated problems, with respect to construction or costs of
construction. The monthly reports required by this Section shall be
submitted to the Governor, the Mayor and the General Assembly.In connection with any construction by the Authority funded
in whole or in part by State or borrowed funds, including the Project, the
Authority will, when such construction is to be done by a general
contractor or a construction manager operating in a general contractor
capacity, institute a quality assurance program, including independent
quality control inspections. The Authority will file not less frequently
than quarterly written reports on the results of its quality assurance
program with the Governor, the Mayor and the General Assembly.(Source: P.A. 84-1027.)

70 ILCS 210/27

(70 ILCS 210/27)(from Ch. 85, par. 1247)Sec. 27. The Board may investigate conditions in which it has an interest
within the area of the Authority, the enforcement of its ordinances, rules
and regulations, and the action, conduct and efficiency of all officers,
agents and employees of the Authority. In the conduct of such
investigations the Board may hold public hearings on its own motion. Each
member of the Board shall have power to administer oaths, and the
secretary, by order of the Board, shall issue subpoenas to secure the
attendance and testimony of witnesses, and the production of books and
papers relevant to such investigations and to any hearing before the Board
or any member thereof.Any circuit court of this State, upon application
of the Board, or any member thereof, may in its discretion compel
the attendance of witnesses, the production of books and papers, and giving of
testimony before the Board or before any member thereof or any officers'
committee appointed by the Board, by attachment for contempt or otherwise
in the same manner as the production of evidence may be compelled before
the court.(Source: P.A. 83-334.)

70 ILCS 210/28

(70 ILCS 210/28)(from Ch. 85, par. 1248)Sec. 28. If any provision of this Act is held invalid such provision shall
be deemed to be excised from this Act and the invalidity thereof shall not affect
any of the other provisions of this Act. If the application of any
provision of this Act to any person or circumstance is held invalid, it
shall not affect the application of such provision to such persons or
circumstances other than those as to which it is held invalid.(Source: P.A. 97-813, eff. 7-13-12.)